ON > Timiskaming
Timiskaming, ON P0J 1R0,102 King ST
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Timiskaming, ON P0J 1R0,102 King ST
Timiskaming, ON P0J 1R0,102 King ST
Timiskaming, ON P0J 1R0,102 King ST
Timiskaming, ON P0J 1R0,102 King ST
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 1,349,000
Est. payment /mo
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Active

102 King ST Timiskaming, ON P0J 1R0

UPDATED:

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID T12289892

Annual Tax Amount $5,400

Tax Year 2024

Property Sub-Type Sale Of Business

Lot Depth 165.0

Lot Front 211.73

Property 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!

Location

Province ON

County Timiskaming

Area Timiskaming

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 211.73

Lot Depth 165.0

Others

Security Features No

Listed by HOMELIFE/MIRACLE REALTY LTD
agent

Jethro Seymour

Broker

+1(416) 712-0767

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102 King ST

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