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Courtesy of Taeho Ro of Initia Real Estate

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$3,490,000
Business with Property

Main Photo: : Consort Business with Property for sale : MLS®# E4357542
Photo 1: : Consort Business with Property for sale : MLS®# E4357542
Photo 2: : Consort Business with Property for sale : MLS®# E4357542
Photo 3: : Consort Business with Property for sale : MLS®# E4357542
Photo 4: : Consort Business with Property for sale : MLS®# E4357542
Photo 5: : Consort Business with Property for sale : MLS®# E4357542
Photo 6: : Consort Business with Property for sale : MLS®# E4357542
Status:
Active
Prop. Type:
Business with Property
MLS® Num:
E4357542
Bus Major:
Automotive
Bus Minor:
Gas station
Build. Type:
Freestanding
Investors and entrepreneurs alike can benefit from this exceptional opportunity. Welcome to a highly lucrative commercial property that could be your next golden investment. This property features an exclusive convenience store and gas bar, strategically positioned to dominate local customer traffic. What's more, it includes an attached liquor store, diversifying your income streams. Strategically located along Highway 12, this property is a wise choice for astute investors. It underwent significant renovation and modernization in 2013, with a substantial $400,000 investment in upgrades. These enhancements include Double wall fibreglass underground fuel tanks, upgraded fuel pumps, POS system, video surveillance system, roofing improvements, and energy-efficient LED lighting. The convenience store and washrooms were remodelled in 2019, and a brand-new liquor store with a walk-in beer cooler was constructed in 2020.
Sale Type:
Asset or Share
Transaction Type:
For Sale
Property Type:
Business with Property, Retail
Major Bus Type:
Automotive
Minor Bus Type:
Gas station
Construction:
Wood Frame
Building Type:
Freestanding
# Units:
0
Year built:
1972 (Age: 52)
Total Floor Area:
3,668 sq. ft.
Lot Area:
34,444.51 sq. ft.
Heating Source:
Natural Gas
Plan:
3120RS
Title to Land:
Freehold
LINC Number:
0016691248
HVAC:
Rooftop
Power Type:
Medium Power 200-399 Amps
Num. of Parcels:
1
Cap Rate %:
13.0
Net Operating Income:
$460,000
Days On Website:
282 day(s)
  • Photo 1: : Consort Business with Property for sale : MLS®# E4357542
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Data was last updated June 16, 2024 at 04:30 PM (UTC)
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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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