406 King Street East, Cambridge | Image 1

406 King Street East

Cambridge

  • Commercial

$4,250,000
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Gas Stations

  • Zoning: Commercial

  • Age: No Data

  • Taxes: 25927.74

  • MLS®#: X8110692

  • Days on Site: 33 Days

  • Added: Mar 04, 2024 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RE/MAX HALLMARK CORBO & KELOS GROUP REALTY LTD.

COURT ORDERED RECEIVER SALE!! Shell Branded Gas Station on Prime Location with Corner Exposure - 0.44 acre lot, 2400 sq.ft. Convenience Store, Building Constructed in 2022. 6 Fuel Pumps, Asphalt Paved Surface. EXCELLENT OPPORTUNITY, TURN-KEY BUSINESS - SEE BROKER COMMENTS.

Extras

Seller Full Name: MNP Ltd.In Its Capacity As Court Appointed Receiver of 2533550 Ontario Inc.Legal Desc: Lt.36 s/s King St.& w/s Potter St., Pl 521 Cambridge; Pt.Lt.35 s/s King St.& w/s Potter St.Pl 521 Cambridge as in WS733492; s/tWS713446

Property

  • Status: Sale

  • Type: Gas Stations

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Area: Cambridge

  • Availability Date: TBA

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Energy Certificate: N

  • Green Verification Status: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: Lt.36 S/S King St & W/S Potter STPL 521 Cambridge**

  • Taxes: $25,928

  • Taxes Type: Annual

Land

  • Cross Street: King St. E & Dover S

  • Municipality District: Cambridge

  • Parcel Number: 037760074

  • Sewer: Sanitary

  • Lot Depth: 165 Feet

  • Lot Frontage: 116 Feet

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 2

  • Rail: N

  • Sprinklers: Part

  • Total Area: 2400

  • Total Area Metric: Sq Ft

  • Hours Open: 24/7

  • Franchise: Y

  • Tangible Property Included: N

  • Lot Code: Lot

  • Financial Statement: Y

  • LLBO: N

JK-6

Parkway Public School

Elementary: Public
1.30 km
JK-8

St Joseph Catholic Elementary School

Elementary: Catholic
0.96 km
JK-6

Preston Public School

Elementary: Public
0.39 km
JK-6

Grand View Public School

Elementary: Public
0.90 km
JK-8

St Michael Catholic Elementary School

Elementary: Catholic
1.39 km
JK-6

Coronation Public School

Elementary: Public
1.43 km
9-12

ÉSC Père-René-de-Galinée

Secondary: Catholic
3.35 km
Pre-Grade 9-12

Southwood Secondary School

Secondary: Public
5.69 km
Pre-Grade 9-12

Galt Collegiate and Vocational Institute

Secondary: Public
4.77 km
Pre-Grade 9-12

Preston High School

Secondary: Public
0.77 km
Pre-Grade 9-12

Jacob Hespeler Secondary School

Secondary: Public
4.28 km
9-12

St Benedict Catholic Secondary School

Secondary: Catholic
4.96 km