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Home ON Greater Temiskaming Shores Timiskaming District Temiskaming Shores
102 KING STREET
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102 KING STREET $1,349,000
$1,349,000
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102 KING STREET
Timiskaming, Ontario P0J1R0

MLS® Number: T12289892

Listing 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! (40906257)

Location Description

King St/Lakeview Dr.

Property Summary

Property Type
Business
Land Size
0.8 ac
Annual Property Taxes
$5,400
Time on REALTOR.ca
153 days

Building

Interior Features
Appliances Included
Water Heater
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Service (Gas station)

Measurements

Square Footage
1 ac

Land

Lot Features
Frontage
211 ft ,8 in
Land Depth
165 ft
Other Property Information
Zoning Description
Gas Station
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Sunil Dhawan