42 Durham St - Convenience Store FOR SALE


Madoc, ON K0K 2K0
$3,125,000 CAD
647-401-6025

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$3,125,000 CAD
Convenience Store - FOR SALE
null | Request Cap Rate

42 Durham St
Madoc, ON K0K 2K0


OVERVIEW

Extensively renovated retail building comprising a 6,695 SF Dollarama store, fully upgraded in 2025 to the tenant's newest prototype standards. Brand-new 15-year corporate lease with Dollarama L.P., with the store opening in October 2025. National covenant with roughly 1,700 stores across Canada. Located in the heart of downtown Madoc along the primary commercial corridor. The property also includes a separately leased three-bedroom apartment at the rear, providing supplementary income (representing approx. 3.50% of base rental income). Strong long-term investment supported by a top national discount retailer with a proven track record of resilience and market performance in challenging economic conditions. This asset offers investors a secure and passive income stream underpinned by one of Canada's top-performing retailers.

FOR SALE DETAILS

PRICE

$3,125,000 CAD

PRICE/SF

$467 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

C1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Sasha IschenkoLennard Commercial RealtyMore Info
647-401-6025

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Sasha IschenkoLennard Commercial RealtyMore Info
647-401-6025

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.