24601 Hwy 7 - Service Station FOR SALE


Sharbot Lake, ON K0H 2P0
$1,850,000 CAD
647-598-2318
24601 Hwy 7, Sharbot Lake, ON for Sale
$1,850,000 CAD
Service Station - FOR SALE
1/1
null | Request Cap Rate

24601 Hwy 7
Sharbot Lake, ON K0H 2P0


HIGHLIGHTS

  • Situated on Highway 7 (the Trans Canada Highway)
  • the property is centrally located among major cities.

OVERVIEW

Avison Young Commercial Real Estate Service, LP (the “Advisor”) has been retained by MNP Ltd. in its capacity as Court-Appointed Receiver (the “Receiver”) to advise on the sale of 24601 Highway 7, Sharbot Lake, ON (the “Property”). The Property presents the opportunity to acquire a gas station and convenience store with prime frontage on Highway 7, the Trans Canada Highway. The 1.03-acre site includes a ~2,375 sf convenience store building with gas pumps in front (pumps and tanks reportedly replaced in 2018). The Property has excellent exposure along Highway 7 and benefits from traffic to the neigbouring LCBO, Beer Store, and Kick and Push Brewing Company. The site is designated Business District under the Zoning By-Law allowing for a broad range of commercial uses. The Property is positioned to receive through-traffic between the Greater Toronto Area and Ottawa and experiences an annual average daily traffic count of 5,200 vehicles.

FOR SALE DETAILS

PRICE

$1,850,000 CAD

PRICE/SF

$779 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

BD

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Graeme WhiteAvison YoungMore Info
647-598-2318

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Graeme WhiteAvison YoungMore Info
647-598-2318

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.