27
See all 27 photos
$1,525,000
Est. payment /mo
2 BA
Active
102 King ST Cobalt, ON P0J 1R0
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
02/09/2025 02:59 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Cobalt
MLS Listing ID T10441085
Annual Tax Amount $5,400
Tax Year 2023
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
Community Cobalt
Area Timiskaming
Zoning Commercial
Interior
Cooling Yes
Inclusions Furnace, hot water tank, A/C
Exterior
Parking Features None
Utilities Available Yes
Building
Lot Description Lot
Lited by HOMELIFE/MIRACLE REALTY LTD