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.
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Detailed Information
Freestanding
Y
Lot
267 x 175 ft
Retail Area
2,500 ft2
Office/Apt Area
1,200 ft2
Total Area
46,080 ft2 divisible
Air Conditioning
Y
Basement
Y
Chattels
Y
Garage Type
Lane
Days Open
7
Hours Open
6am - 1
LLBO
Y
Employees
3
Heat Type
Gas Forced Air Open
Financial Statement
Y
Insurance Expense
$22,000
Taxes Expense
$13,000
Year Expenses
$2,023
Expenses Actual/Estimated
Act
Sprinklers
Y
Sewers
Sanitary
Utilities
Y
Water
Municipal
Lot/Bldg/Unit Code
Building
Zoning
COMMERCIAL
Seller Property Info Statement
N
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