NewFor Sale

102 King Street
Timiskaming, Timiskaming, ON, P0J 1R0

Sale Of Business
TRREB
MLS® Number: T12289892
$1,349,000List Price
Sale Of BusinessProperty Type
0.8 acresSize
$5,400 / 2024Taxes (Annual)
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Listing History

Buy/sell history for 102 King Street, Timiskaming, ON P0J 1R0

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Description

1.5 million litre sales + approximately $700,000 in ancillary revenues Gas station being offered with 0.80 acres of land in the growing city of Cobalt! Amazing business opportunity with a proven track record of high profitability. Situated on a busy intersection with high traffic volume, the station serves both local residents and travelers, ensuring a steady stream of customers year-round. With annual fuel sales of 1.5 million litres with a strong margin, this station is a top performer in its category. In addition to fuel, the station boasts approximately $700,000 in ancillary revenues, including convenience store items, car wash booth, residential apartment (2+ den), propane and other high-demand products, adding diversity to the revenue stream and increasing the overall profitability of the business. The station is known for its excellent customer service and has built a loyal customer base over the years. With a well-trained staff, the business runs smoothly, and the management system is in place to ensure efficient operations. This is a rare chance to acquire a well-established and highly profitable gas station in North Cobalt, an area that is poised for lots of further growth. With impressive fuel sales, additional high-margin revenue streams, and a prime location, this opportunity offers tremendous potential for continued success. Whether you're an investor looking for a stable cash flow or an entrepreneur seeking to expand into a thriving market, this gas station represents an excellent opportunity. **EXTRAS** Transferable liquor license, 2 car wash bay, propane refill center, lots of storage space, myriad of business growth on 0.80 acre lot, 2 bedroom+den residential apartment upstairs, space for Indian grocery items (in high demand), and more!

Features

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Amenities

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Summary

Tax (Annual):$5,400 / 2024
Listing #:T12289892
Property Type:Sale Of Business
Size:0.8 acres
Land Size:211.73 x 165
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:HOMELIFE/MIRACLE REALTY LTD

Rooms

Details

Property

Property Type:Sale Of Business
Municipality:Timiskaming

Building

Size:0.8 acres

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed

Land

Cross Street:King St/Lakeview Dr.

$1,349,000

List price

102 King Street, Timiskaming – Sale Of Business for sale · MLS® # T12289892