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$4,075,000
Status: For Sale
Highly profitable business opportunity! This Esso gas station, strategically located just 5 minutes from Highway 401, boasts a cap rate of over 11%. Situated on over an acre of land, the property features a store with a liquor license (LCBO), OLG, and smoke shop. Equipped with double wall fiberglass tanks, it sells gas, diesel, and high-speed diesel, ensuring steady revenue streams. The convenience store is bustling with activity, and there's a three-bedroom detached home on-site, currently leased out. Plus, with numerous residential developments underway nearby and a proposed high school in the vicinity, the potential for growth is substantial. Best of all, this lucrative venture requires minimal time and effort to manage, making it an ideal investment opportunity.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X8371478 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :10 Jul, 2024 (120 Days ago) |
| Source | :TRREB |
| Area | :Oxford |
|---|---|
| Postal Code | :
N0J 1N0
|
| Price | : $4,075,000 |
|---|---|
| Property Taxes | :$13000.00 |
| Tax Year | :2023 |
|---|
| Cross Street | :Mt Elgin Rd / Plank Line Rd |
|---|
| Fireplace/Stove | :No |
|---|
24 May, 2024
TREB #X8371478
Available
$4075000.0
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