88 MAIN Street West, Grimsby | Image 1

88 MAIN Street West

Grimsby

  • Commercial

$3,800,000
For Sale

Added 5 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Gas Stations

  • Zoning: DMS- Downtown Ma

  • Age: 0-5 years

  • Taxes: 48382

  • MLS®#: X8419462

  • Added: Jun 08, 2024 (5 months ago)

  • Updated:

  • Last Checked: 7 hours ago

  • Listed By: RE/MAX REALTY SPECIALISTS INC.

Take advantage of this incredible opportunity to own a newly built gas station in a prime downtown location! This recently built gas station offers fuel services with a C-Store and also comes with existing rental income and significant potential for additional revenue streams Prime Location: Strategically situated in the heart of downtown, ensuring high visibility and steady traffic. Rental Income: Currently generating consistent rental income from established tenants (Pizza Hut, Outodoor Sign Company and Donair Kebab) Expansion Potential: Opportunities to increase revenue by adding an Amazon package center, U-Haul rental services, and various food-related rental options such asa food truck park or a quick-service restaurant. Property Highlights: High Traffic Area: Located in a bustling commercial district with heavy foot and vehicle traffic. Modern Facilities: Equipped with the latest fuel dispensers (fibre glass tanks), convenience store with Lottery, and clean restrooms

Property

  • Status: Sale

  • Type: Gas Stations

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Age: 0-5

  • Area: Grimsby

  • Assessment Amount: $1,774,000

  • Assessment Year: 2024

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Outside Storage: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Taxes: $48,382

  • Taxes Type: Annual

Land

  • Cross Street: Main St/ Patton St/M

  • Municipality District: Grimsby

  • Sewer: Sanitary

  • Lot Depth: 143 Feet

  • Lot Frontage: 114 Feet

  • Zoning: DMS- Downtown Ma

Commercial Specific

  • Number of Employees: 2

  • Rail: N

  • Retail Area: 2745

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 0.41

  • Total Area Metric: Acres

  • Hours Open: 24hrs

  • Days Open: 7

  • Franchise: Y

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Lot

  • Survey: Y

  • Soil Test: Envirn Audit

  • Business/Building Name: ESSO GRIMSBY

  • Financial Statement: Y

  • LLBO: N

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