333198 Plank Line Road Road, Mount Elgin, Ontario N0J 1N0 (26942101)


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333198 Plank Line Road Road Mount Elgin, Ontario N0J 1N0

3500 sqft

$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:51914)

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

https://www.realtor.ca/real-estate/26942101/333198-plank-line-road-road-mount-elgin

333198 Plank Line Road Road, Mount Elgin, Ontario N0J 1N0 (26942101)
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