3 West Street North, Norwich (Springford) - Business for Sale
3 West Street North, Norwich (Springford), Ontario, N0J1X0
This business in Norwich is for sale offering roughly 16,684 sq ft of space.
Description
An exceptional investment opportunity to own a well established ,fully operational Esso brand gas station complete with land ,building and a thriving convenience store . Strategically positioned on the prominent northwest corner of west street and main street in Springford just minutes from Tillsonburg. Three single fibre glass fuel storage tanks inspection reports available to review, financial statements, a recent environmental report indicated clean status of the property, this turnkey commercial property offers a solid income stream ,150 k net income annual from both store sale and gas sale,rental income from U-Haul, Canada post,food truck sale providing multiple streams and enhancing the property overall profitability offering turnkey gas station with property and convenience store operation to generate cash flow from day one .With multiple income streams,strong business performance and significant growth potential ,this property and business well positioned to deliver long term value and attractive returns, c-store inventory is excluded from the asking price ,will be counted at the time of closing .Don'wait -take advantage of this rare opportunity today to own and run gas station suitable for both handsOn owners and employee -managed operations !! (id:66096)
Property Details
- MLS®
- X13514464
- Property Type
- Business
- Business Type
- Service
- Zoning
- C-2
- Bathrooms
- 1
- Parking
- 15
- Interior Size
- 16,684 ft²
- Lot Size
- 76 × 182 ft (13,843 sq ft)
- Frontage
- 76 ft
- Heating
- Forced air
- Cooling
- Fully air conditioned
- Property Tax
- $3,183.21/yr
- Listed
- 125 days ago
Services
- Water
- Municipal water, Shared Well
- Sewer
- Septic System
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 125 days on market, against an average age of 91 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 60 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Norwich (Springford) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N0J)
This home lists at $1,399,000, about 14.4× the local median household income of $97,000.
Carrying it typically needs a household income of about $273,274 (20% down, 25-yr amortization, stress-tested) — roughly 182% above the area median.
- Median household income
- $97,000
- Population
- 33,457
- Median age
- 38.4
- Owner / renter
- 85% / 15%
- Avg. household size
- 2.9
Source: Statistics Canada, 2021 Census (FSA N0J)
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$1,399,000
Norwich