98 Main Street, Kearney, ON P0A 1M0

Property description

*** Rare Opportunity to Own a High-Margin Freehold Convenience Store with Property! in the heart of Kearney. *** Strong business with an ESTIMATED 35% OVERALL GROSS MARGIN ----- HIGH-MARGIN PRODUCT MIX(Tobacco 29%+Grocery about 60%+Beer 11%) and growing Liquor sales. *** Excellent potential income with an attached vacant commercial building(610 sf) with 1-bedroom + 1bath apartment(610 sf). *** Situated on a 11,625 sf. (0.267-acre) lot featuring an approximately 1,900 sf. retail store, large storage area, Fantastic lake view 3-bedroom+1Bath upper apartment(1,166 sf). *** Over $100,000 invested in recent(2024~2026) upgrades, including roof, private well, heat pump, tankless water heater and renovations. ***Ideal owner-operated business for a couple. *** Excellent location across from a popular lake and resort, with loyal local customers and steady cottage traffic. *** Limited competition provides stable year-round income. *** Low property tax of only $2,281 (2025). *** Annual Kearney Regatta Festival brings a significant increase in sales. *** Business & Property Included & Inventory Extra. *** NDA & Proof of Funds May Be Required Prior to Releasing Financial

Property details

Garage

Outside/Surface

Cooling

Yes

Lot dimensions

81.54 × 168.58 Feet

Heating

Gas Forced Air Closed

Annual taxes

$2,281 (2025)

Possession

TBA