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For saleListed 81 days agoMLS® X13597688

98 Main Street, Kearney, ON

Kearney · View map

$949,000
5490Sq ft
Sale Of BusinessType
$2,281/yrTaxes
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$949,000
Direct waterfrontYour own shoreline
Four-seasonBuilt for year-round use

About this property

*** 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

The property

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Waterfront

Waterfront
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Estimated monthly cost—Mortgage, property tax and insurance
  • Mortgage
  • Property tax
  • Insurance

Cash needed to close

  • Down payment
  • Ontario land transfer tax
  • Legal fees and title insurance (est.)
  • Inspections: building, septic, water (est.)
  • Total to close

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98 Main Street, Kearney, ON

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Listing courtesy of HOME STANDARDS BRICKSTONE REALTY. Listing data © PropTx MLS®. Information deemed reliable but not guaranteed.

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