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Longstanding, consistently profitable department store business in Thessalon For Sale, own your own Department Store!
Longstanding, consistently profitable department store business in Thessalon For Sale, own your own Department Store!
Longstanding, consistently profitable department store business in Thessalon For Sale, own your own Department Store!

Longstanding, consistently profitable department store business in Thessalon For Sale, own your own Department Store!


Stedmans V&S Department Store Department Store

208 Main Street, Thessalon $650,000. (near Sault Ste. Marie, ON)

BUSINESS AND BUILDING INCLUDED IN PRICE (NO LEASE PAYMENTS!)

Longstanding, successful and profitable Stedmans V&S Department Store business located in an excellent and primely located 6723 square foot retail building, which is included in the sale. This is a well managed, solid local business and real estate investment. The current owners are retiring and are willing to help and train the new owner. The property being sold includes the vacant side lot to the south. This solid, slab on grade building has a newer rubber membrane roof, and 8 year old high efficiency natural gas forced air furnace heating the space, along with air conditioning also. The building is wide open inside, with only 3 posts in the entire retail space. Full financials are available for review by qualified buyers through the Listing Brokerage. Do not miss out on this excellent business and building, a great opportunity for a people orientated owner operator or real estate investor.

  • Excellent and Consistently Profitable Financials Available for Review by Qualified Buyers
  • Main Street/Hwy 17 B Downtown Storefront, across from Valu-Mart grocery store
  • 6723 sq. ft. Open Span Building - (3 Posts)
  • 85' x 132' Lot
  • C1 General Commercial Zoning
  • 8 year old natural gas forced air furnace, with air conditioning
  • Newer rubber membrane roof
  • 12 foot ceilings
  • Extra side lot included beside building, next to Tulloch Engineering to the south
  • Slab on grade foundation
  • Concrete block construction
  • Rear staff parking area + street parking out front on Main Street
  • Office space at the rear of the store
  • Storage, bathroom, and warehouse space in the back
  • Municipal Water and Sewer
  • MLS #SM132760, more pictures and virtual tour available on request
  • Sale to be completed by sale of corporate shares in clean corporation, asset sale also available by negotiation
  • Sale price is plus HST if sold as assets


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