For Sale

383 Elgin Street Unit# 8, Cambridge, Ontario N1R 8C1

$1

383 Elgin Street Unit# 8, Cambridge, Ontario N1R 8C1 is For Sale and has a listing price of 1. The property is located in the Cambridge . It's been on the website for 2 Days.

  • Sale Of Business
    Property Type
  • 1
    Bathrooms
  • MLS ID: X12510334
  • Office Name EXP REALTY
Property Description

An exciting opportunity to acquire a business-only sale of a well-established Caribbean supermarket located in a bustling retail plaza with excellent visibility and steady daily traffic. This turnkey operation has built a strong reputation and loyal following among local residents, nearby businesses, and repeat customers from surrounding communities. The store occupies approximately 1,830 sq. ft. of leased space with an all-inclusive rent of $3,275 per month (HST included), offering low overhead and a lean staffing model that supports consistent cash flow. The current product mix features Caribbean and West Indian groceries, fresh meats, fish, poultry, and specialty cultural goods, with room to expand into Indian offerings and other complementary categories. Growth potential includes alcohol licensing (subject to approval), bakery integration through an existing brand relationship, meat and fish processing, courier drop-off services, and U-Haul rentals. The premises also provide flexibility for future upgrades, including a commercial kitchen (pending zoning approval and buyer verification), and include a large storage room suitable for a walk-in cooler or oven, a washroom with shower, and ample plaza parking. The sale includes all fixtures, equipment, goodwill, supplier and vendor accounts, as well as intellectual property and digital assets such as social media profiles and delivery service accounts with Uber Eats and SkipTheDishes. The seller is prepared to assist with training and transition, and financials are available upon request. Buyers are responsible for verifying zoning, licensing, and operational requirements. Please do not visit the business directly; all showings are strictly by appointment. This is a rare chance to step into a thriving, in-demand supermarket with strong community roots and significant room for growth.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12510334
  • Price: $1
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 232
  • Ref ID: X12510334
  • Dir / Cross St: Elgin - Cross Street Avenue Road
  • Status: Active
  • Tax Year: 2025
  • Property Type: Sale Of Business
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
11/04/2025 X12510334 $1 For Sale - -
09/05/2025 X12382881 $118,990 For Sale - -
07/15/2024 X9041502 $199,990 -
07/14/2024 40620063 $199,990 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Cambridge
  • $884,033 Average List Price
    based on 1 year
  • 334 New Listings
    based on 30 days
  • 61 Median Days on Market
    based on 1 year
  • List vs. Selling Price 113.57 % Up
  • Sold (12mo) 1,003
  • Rented (12mo) 333

  • 1 Month Change -50.2%
  • 3 Month Change -40.3%
  • 6 Month Change -3.1%
Walkscore
Property Type Distribution
  • All Houses
    78.64%
  • Commercial
    7.1%
  • Condo
    14.11%
  • Land for Sale
    0.15%
Additional Details
  • Heat Type Y
  • Washroom Type1: 1
  • Garage Type Y
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 04/11/2025 23:24:50
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