102 King Street, Temiskaming Shores, ON P0J 1R0

  • $1,525,000
102 King Street, Temiskaming Shores, ON P0J 1R0
  • T10441085
  • MLS® Number
  • Sale Of Business, Commercial
  • Property Type
  • 2
  • Bathrooms
  • 0.8
  • Sqft
Active For Sale
102 King Street, Temiskaming Shores, ON P0J 1R0
102 King Street, Temiskaming Shores, ON P0J 1R0
  • $1,525,000

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!

Details

MLS® Number
T10441085
Bathrooms
2
Property Size
0.8 Sqft
Updated on February 13, 2025 at 11:51 pm

Additional details

  • Utilities: Yes
  • Sewer: Sanitary
  • Cooling: Yes
  • County: Timiskaming
  • Property Type: Commercial Sale

Address

  • Address 102 King Street
  • City Temiskaming Shores
  • State/county ON
  • Zip/Postal Code P0J 1R0
  • Country CA

Contact Information

Firas AL-Rifay
  • Firas AL-Rifay
  • +1 (647) 242-6988 WhatsApp
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Firas AL-Rifay
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