333198 Plank Line Road Road Mount Elgin, Ontario N0J 1N0
$4,075,000
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. (id:27910)
Property Details
| MLS® Number | 40594733 |
| Property Type | Retail |
| Amenities Near By | Schools |
| Community Features | High Traffic Area |
| Features | Visual Exposure |
Building
| Basement Type | Full |
| Stories Total | 1 |
| Size Exterior | 3500.0000 |
| Size Interior | 3500 Sqft |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 178 Ft |
| Size Frontage | 249 Ft |
| Size Total Text | 1/2 - 1.99 Acres |
| Zoning Description | Commercial |
Utilities
| Natural Gas | Available |
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June 18 2024 03:55:22
Mississauga Real Estate Board
Century 21 Green Realty Inc