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  • Price$680,000
  • Built1981

3576 Route 10, Out Of Board

Profitable convenience store and gas bar located on Rte 10 between Fredericton and Minto. The owners have successfully operated this business for just under 10 years. The business has grown continuously over the last 9 years. The owners have upgraded the building over the years and have just recently rebranded the gas component to Shell. The canopy and lights inside the store are all LED lights now. Along with the rebranding this past summer, they installed new automated pump which they own. The Double Walled gas tanks were installed appro.15 years ago and were just inspected professionally and recertified in August of this year. The septic system was replaced 11 years ago. This turn Key business can continue to grow as NB Tourism grows as well as the community which is continuing to attract new residents. The convenience store is also located on the main snow mobile trail and also has the Canada Post Mail Boxes on the property for the Albrights Corner Community. The business comes with a spacious living space on the 2nd floor. The Great Cap Rate of 11.14% and an internal rate of Return of 25.64% (id:6289)

Essential Information

  • Listing #NB015344
  • Price$680,000
  • Bathrooms0.00
  • Acres2.50
  • Year Built1981
  • TypeBusiness
  • Sub-TypeFreehold

Amenities

  • FeaturesLevel lot, Corner Site, Visual exposure

Exterior

  • ExteriorAluminum siding
  • RoofAsphalt shingle

Community Information

  • Address3576 Route 10
  • CityOut Of Board
  • ProvinceNew Brunswick
  • Postal CodeE4B1A3

Interior

  • HeatingElectric
  • CoolingAir Conditioned

Listing Details

  • Listing AgentHodges Hamm
  • Listing OfficeRE/MAX PROFESSIONALS SAINT JOHN INC. (S119)
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