1661 New York St 73 Aurora, IL 60505-3247
Prime Aurora location! This established smoke shop at 1661 E New York St offers a turnkey operation with immediate income potential. The 464 square foot space is fully equipped with all inventory, fixtures, and equipment included in the sale price of $99,500. The business boasts a loyal customer base and consistent foot traffic, ensuring a stable revenue stream. The current owner is providing training and support for a seamless transition, minimizing the learning curve for the new owner. Low overhead and affordable rent contribute to strong profit margins. This presents a low-risk opportunity with significant growth potential. Expand operating hours, introduce new product lines, or implement enhanced marketing strategies to increase profitability. This is an exceptional opportunity to acquire a thriving business in a high-demand industry with a proven track record of success. The sale includes all existing inventory, fixtures, and equipment, allowing for immediate operation. The business is located in Aurora, Illinois. This is a fantastic opportunity for an entrepreneur seeking a profitable and established business.
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Migo's Smoke Shop (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.