Address
5667 St. Peters Road St. Peters Bay, PE
Price
$ 230,000
Property Attributes
  • ID#202014245
  • TypeCommercial
  • CitySt. Peters Bay
  • AreaEastern PEI
  • Postal CodeC0A 2A0
  • StyleCommercial Retail
  • Price$ 230,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2880
Listing Provided Courtesy Of:
Kevin Quinn with Re/Max Charlottetown Realty
Data Source:
RLP - CREA EN
Property Description

MacDonald's Rite Stop is the only gas bar serving St Peters Bay for a 30 Minute radius. Annual fuel sales of $1.03mil to $1,15mil over last 5 years. Pumps need to be replaced. Pumps are located on .36 acres with a 2880 sq. ft. building and 16 X 24 storage building. Buildings house a store with option to use kitchen to cook & serve food. There is a 21 ft. walk-in cooler, with an apartment/office upstairs. Overall value is $440,000 with Tank & Pump installation costs of $211,000 to be deducted from that for a sale price of $230,000. The sellers have decided they will remove the fuel tanks, remove the pump island, clean up any deposits that exist and will have the Department of The environment on sight to test soil and make sure the property is clean before proceeding any further with the offers. This should eliminate any concerns around potential contamination on the property before proceeding. Buyer must commit to install new tanks. New tanks will provide opportunity to sell 3 types of gas and diesel. New tanks will have 4 pumps instead of two which provides the opportunity to increase gas sales considerably. Seller is selling property & assets. All equipment in the store is included in the sale. The area will soon be the new home of an $18.5M Climate Change Research Center.

Exterior Features

Lot Size 0.40
Jumpid 12937935

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in C0A 2A0

Price
AVG $2.36M
$230K
Visits
AVG 206
557