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510 King St, Toronto, Ontario, M5A 1M1

$400K
Beds -Baths -Sqft 1113Parking -
510 King St Photo 1

Description

Prime turnkey investment in Corktown! Rare opportunity to acquire "Ranik Market," a thriving and highly profitable convenience store commandingly positioned at the high-traffic corner of King St E & River St. Positioned at the base of a dense residential corridor surrounded by multiple high-density condo developments, this business commands massive built-in foot traffic and an exceptionally loyal local following. Featuring a clean, modern layout with high-visibility street exposure, this fully turn-key operation is staffed by an experienced, dependable team for an effortless transition. Beyond core convenience, the store boasts diverse, high-margin revenue streams including top-tier cigarette and alcohol sales, balloon and custom gift hampers, on-site key cutting and fob copying, plus hot grab-and-go patties and warm foods. There is an imminent, game-changing upside opportunity set to significantly expand alcohol volumeSecure, favorable lease terms already in place. Do not miss this gold-mine opportunity in a high-demand downtown location!

Home Details

List Date

2026-10-09

Style

Without Property

Type

Sale Of Business

Status

Active

Year Built

UNKNOWN

Features

Bedrooms

-

Bathrooms

-

Heating

Gas Forced Air Open

Cooling

-

Parking

- Spaces

Appliances & Equipment

Inclusions

All chattels and equipment: 1. Open air cooler/merchandiser, 2. Two Door Fridge, 3. Three Door Fridge, 4. Two Door Freezer, 5. Shelves on the walls, 6. 65 Shelves on the wall - 48 X 28 inches, 7. 2 Shelves with wheels - 48*18.. Height 40 inches, 8. 2 basked shelves on wheels, 9. 3 big shelves at the back office/storage area, 10. 1 cupboard in back office/storage area, 11. Two big shelves at the front, 12. One big shelf at the front, 13. Cash Desk, 14. Chair, 15. Ladder, 16. Storefront signage, 17. Security system, sensors, monitor, 18. Center gondola shelf, 19. Open sign, Wine/Beer LED Sign, 20. Metal cabinet for smokes, 21. 9 Grocery shopping cart and trolley

Exterior

Construction

-

Water & Sewer

Municipal

Lot Size

-

Garage

None

Taxes

$12.23 (2025)

Listing Brokerage

Brokerage Name

CENTURY 21 ATRIA REALTY INC.

Samuel Muttiah

Samuel Muttiah

Transition Realtor | Canada to Southern California

KW Beverly Hills

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