John DiRenzo, Sales Representative • Phone: 519-857-3490 • RE/MAX Centre City John DiRenzo Team Brokerage

333198 Plank Line Road Road, Mount Elgin, ON, N0J 1N0 | MLS 40594733: For Sale

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333198 Plank Line Road Road, Mount Elgin


MLS® ID 40594733

$4,075,000.00 For Sale | Commercial Sale

Type: Commercial Sale 
Property Type: Retail,Commercial
MLS® District: Southwest Oxford / Mount Elgin
County: Oxford
Postal Code: N0J 1N0
New Construction Y/N:  No
Stories Total: 1

Directions: Mt. Elgin Rd / Plank Line Rd
Exterior Features: Gas Pumps,Storage
Inclusions:  List Of Chattles To Be Included.
Exclusions:  Any Rented Fixture (If Any) Hot Water Tank (If Rented) Any Fixtures Belonging To The Tenants As A Part of The Lease Agreement.
Lot Depth:  178
Lot Size: 178 x 249 249.00  Fronting: 
Lot Features:  Ample Parking,High Traffic Area,Highway Access,Schools,Visual Exposure
Acres Range:  0.50–1.99

Building Area Total Aprx.:  3500 Square Feet
Basement:  Full
Sewer:  Sewer (Municipal)
Water:  Municipal
Fireplace Y/N:  false
Crops Included Y/N:  No
Net Income:  478000
WaterFront Y/N:  No
Utilities:  Natural Gas Connected
Commercial Doors:  0
Common Elements Fee Y/N:  false
Expenses:  Actual
Retail Area:  2000

Remarks: Highly profitable business opportunity! This Esso gas station, strategically located just 5 minutes from Highway 401, boasts a cap rate of over 11%. Situated on over an acre of land, the property features a store with a liquor license (LCBO), OLG, and smoke shop. Equipped with double wall fiberglass tanks, it sells gas, diesel, and high-speed diesel, ensuring steady revenue streams. The convenience store is bustling with activity, and there's a three-bedroom detached home on-site, currently leased out. Plus, with numerous residential developments underway nearby and a proposed high school in the vicinity, the potential for growth is substantial. Best of all, this lucrative venture requires minimal time and effort to manage, making it an ideal investment opportunity.

Nearby Schools - What's For Sale Near?

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333198 Plank Line Road Road, Mount Elgin ON N0J 1N0 | MLS ID® 40594733
For More Information or Schedule a Showing, send John a Message or Call 519-857-3490
John DiRenzo, Sales Representative | RE/MAX Centre City John DiRenzo Team Brokerage

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