2976 Highway 11 Expressway S, Oro-Medonte, Ontario L0L 2E0

Listed for:
$6,790,000
0 beds
0 baths
Listed 147 days ago
2976 Highway 11 Expressway S, Oro-Medonte, Ontario L0L 2E0

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Listing provided by:
HOMELIFE NEW WORLD REALTY INC.
MLS® number:
S7388330
Agent:
Jone Liang
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About

Very Rare Opportunity To Own Esso Gas Station + Tim Hortons (Lease) !!! Prime Location On Busy Hwy 11 With High Traffic Flow !!! The Busiest Gas Station On Hwy 11!!! Money Making Machine, High Volume, Generating Very High Margin + 2.5C Cross Lease On Gas , C-Store Over 1.0-1.2Million Sale, 6 Dispensers, 13 Nozzles, Dw Fiber Glass Tanks And Pipes, Diesel And Four Gas Grade 87, 89, 91 And 93, Brand New Dispensers And Canopy (2020) A Lot Renovations, Every Summer Large Scale Concerts Be Held Around Greatly Promote Its Business 50% more Income ! **** EXTRAS **** Very Hot Commercial Spot And Future Prosperity, The Largest Race-Track Being Built Next To It, Groundbreaking Ceremony ( August 2020) Attended By Doug Ford Premier Of Ontario, Airport Behind To Be Expanded Double Scale, (Attached Diagram) (id:27476)

Property Highlights

Type
Cooling type
Fully air conditioned
Heating fuel
Natural gas
Fireplace
No
Construction material
Parking space
Ownership Type
Amenities nearby

Location

Summary

Here is a rare opportunity to become the owner of an Esso gas station and Tim Hortons (lease) in a prime location on busy Hwy 11 with high traffic flow. This is known as the busiest gas station on Hwy 11 and is a money-making machine, with high volume and generating a very high margin. The gas station has a 2.5C cross lease on gas, with a C-store that has over 1.0-1.2 million in sales. It features 6 dispensers, 13 nozzles, DW fiber glass tanks and pipes, and offers diesel and four gas grades: 87, 89, 91, and 93. The property also has brand new dispensers and canopy installed in 2020, with a lot of renovations completed. Additionally, large-scale concerts are held around the property every summer, greatly promoting its business and increasing income by 50%.

This property is located in a very hot commercial spot with future prosperity, as the largest race-track is being built next to it. The groundbreaking ceremony for the race-track was attended by Doug Ford, Premier of Ontario, in August 2020. Furthermore, the airport behind the property is set to be expanded to double its scale. The property has a land size of 725.9 x 150 FT and is situated at 2976 HIGHWAY 11 EXWY S in the city of Oro-Medonte, Ontario. The postal code for this property is L0L2E0, and it is located in the community of Rural Oro-Medonte. The property is fully air conditioned, making it an attractive investment opportunity.