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761 King George Highway
Miramichi, NB E1V 1P7

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767 North Napan Road (NB015348)

767 North Napan Road, Out of Board, New Brunswick, E1N4W7
Property TypeBusiness Built in1997

City Limits Convenience Store and Gas Bar has been operating for approx. 32 years. The Gas product has just been changed to Shell Gas and the pumps are relatively new and owned by the vendor. The gas storage tanks are 15 years young approximately. The convenience store, bakery, and restaurant do a very healthy business. Business continues to grow year after year. There is also a seasonal Ice Cream Parlour (20x23) locate desperate form the main building. The volume of business is attributed to the fact that the business is located in the main hwy #11 and intersection (North Napan Rd) from Miramichi City and Moncton. The property has been very well maintained by the owners. There is a 2400 sq ft approx. residential apartment located upstairs in which the owners can choose to reside in or they can rent it out which is what the existing owner has been doing. The gas storage tanks are double walled fiberglass. There are 3 storage tanks, 35000 liters regular fuel, 25000 liters of supreme, and 25000 liters of diesel fuel. Due to the sensitive and confidential aspects of this very profitable business, financial information relating to this business will only be provided to those who provide a signed confidential form along with a letter of Credit form a financial institution stating that the individual has the resources in which to invest in the purchase of the business and property. The Cap Rate for this property is 12.91% (id:37920)


Business
Business TypeRetail and Wholesale, Retail and Wholesale Business Sub TypeGeneral retail, Business
Details
Amenities NearbyShopping EquipmentOther, Water Heater
FeaturesLevel lot, Corner Site, Industrial mall/subdivision OwnershipFreehold
Rental EquipmentOther, Water Heater TransactionFor sale
Building
Constructed Date1997 CoolingHeat Pump
Exterior FinishAluminum siding, Stone Fire ProtectionMonitored Alarm, Alarm system
Heating FuelElectric HeatingBaseboard heaters, Heat Pump
Roof MaterialAsphalt shingle,Membrane RoofUnknown,Unknown
Land
Access TypeYear-round access, Highway access AcreageYes
AmenitiesShopping Landscape FeaturesPartially landscaped
Size Irregular4.7 acres

Listing Office: RE/MAX PROFESSIONALS SAINT JOHN INC. (S119)

Data Provided by Saint John Real Estate Board Inc

Last Modified :08/09/2020 10:58:04 AM

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Listing Office: RE/MAX PROFESSIONALS SAINT JOHN INC. (S119)

Data Provided by Saint John Real Estate Board Inc

Last Modified :08/09/2020 10:58:04 AM

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Contact

Allied Realty Ltd.

761 King George Highway,
Miramichi, NB
E1V 1P7

Phone: (506) 622-2164
Email: allied1@nbnet.nb.ca

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