$6,899,990 +stock FOR SALE

Franchise Business for Sale

Gas Station

Lot: 426 x 261 acresTotal Area: 2.57 acres
2020 Taxes: $61,000

652 River Rd
Welland, ON L3B 0A1 | Niagara

Over 5% Cap Rate At Full Occupancy On This 2 Year Old Petro Canada With Convenience, Tim Horton's (Tenant), 10,000Sq,Ft On 2.57 Acre Lot With Potential For Over 6%. Adjacent To Walmart, Canadian Tire, Mark's And Rona, Easy Entry Into Gas Station, Tim's Has A Drive Thru. Close By: New Housing Developments, Over 2,000 New Homes, Shoppers, Sportsplex, And Across From A Large Recreational Park. Direct Access From Woodlawn Approved

Extras
8 Pumps Plus 2 Diesel Currently Doing 4.1 Million Ltrs During Cv-19 - On Course For 6 Million In 2020. Property Is Zoned And Approved For A Drive Thru Car Wash Increasing Revenue By $150K+. Can Be Combined With 5 Acres X4913596

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Listed By SAM MCDADI REAL ESTATE INC., Brokerage
MLS® Listing Number X4913602
Last Updated Oct 06, 2020
Property Summary
Property Type Business For Sale
Use Gas Station
Franchise Franchise
Business/Building Name Petro Canada/Tim Hoton's
Category With Property
Legal Description Pt Lot 1, Plan 59M391 Designated As Pt 5, 59R15275
Occupancy Own+Ten
Possession Date Immediate
Taxes (2020) $61,000
Tax Type Annual
Directions/Cross Streets 406 And Woodlawn
Area Niagara
Price History
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Detailed Information
Freestanding Y
Lot 426 x 261 acres
Lot Irregularities 2.57 Acres
Retail Area 10,000 ft2
Total Area 2.57 acres
Approximate Age 0-5
Air Conditioning Y
Basement N
Chattels Y
Garage Type Outside/Surface
Days Open 7
Hours Open 9-11
LLBO N
Employees 3
Heat Type Gas Forced Air Closd
Financial Statement Y
Net Income Before Debt $359,000
Year Expenses $2,019
Expenses Actual/Estimated Est
Area Influences Major Highway, Public Transit
Sprinklers Y
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning Gec 13-14
Seller Property Info Statement N

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