ON > Cobalt > Cobalt
Cobalt, ON P0J 1R0,102 King ST
Cobalt, ON P0J 1R0,102 King ST
Cobalt, ON P0J 1R0,102 King ST
Cobalt, ON P0J 1R0,102 King ST
Cobalt, ON P0J 1R0,102 King ST
Cobalt, ON P0J 1R0,102 King ST
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Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 1,525,000
Est. payment | /mo

2 Baths

Save
$ 1,525,000
Est. payment | /mo
Save

2 Baths

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Subdivision Cobalt

MLS Listing ID T10441085

Annual Tax Amount $5,400

Tax Year 2023

Property Sub-Type Sale Of Business

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

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 211.73

Lot Depth 165.0

Others

Security Features No

Listed by HOMELIFE/MIRACLE REALTY LTD
advisor-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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