102 King Street

Timiskaming, P0J 1R0
FOR SALE
$1,349,000
102 King Street, Timiskaming
102 King Street
102 King Street
102 King Street
102 King Street
102 King Street
102 King Street
102 King Street
102 King Street
102 King Street
102 King Street
102 King Street
102 King Street
102 King Street
102 King Street
102 King Street
102 King Street
102 King Street
102 King Street
102 King Street
Sale Of Business
CATEGORY
1,200 Sq Ft
RETAIL AREA
T12289892
MLSID
Contact Us
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!
Property Details
Address
102 King Street
Postal Code
P0J 1R0
Property Type
Sale Of Business, Sale Of Business
Use
With Property
Zoning
Gas Station
Lot Size
212' x 165'
Retail Area
1,200 Sq Ft
Taxes
$5,400 (2024
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
None
Listing contracted with Homelife/Miracle Realty Ltd
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