98 Main St

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

Listing Details

MLS #

X14142658

Board

PROPTX

Market

ontario

Property Type

Sale Of Business

Style

With Property

Garage

Outside/Surface

Parking Spaces

4

Basement

Y

Heating

Gas Forced Air Closd

Cooling

Y

Lot Size

81.54 × 168.58 ft

Annual Taxes

$2,281/yr

Listed By

HOME STANDARDS BRICKSTONE REALTY

Listed On

November 3, 2026