Property Details

767 North Napan Road, Out Of Board, New Brunswick, E1N4W7

767 North Napan Road, Out Of Board, New Brunswick (ID NB015348)
Sutton Group Aurora Realty Ltd., Brokerage
Tel: 506-646-0289

$2,990,000 - For sale


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:2471)

Location DescriptionLocated South of Miramichi City on Hwy 11 leading towards Moncton.

Property Details
  • Property Address:767 North Napan Road, Out Of Board, New Brunswick, E1N4W7
  • Property Type:Business
  • Title:Freehold
  • Lot Size:4.7 acres
  • Acreage:4.7 acres|3 - 10 acres
  • Access:Year-round access, Highway access
Structure Details for 767 North Napan Road, Out Of Board, New Brunswick, E1N4W7
  • Building Age:1997
  • Heating Type:Electric, Baseboard heaters, Heat Pump
  • Cooling Type:Heat Pump
  • Rental Equipment:Other, Water Heater
  • Exterior Type:Aluminum siding, Stone
Amenities for 767 North Napan Road, Out Of Board, New Brunswick, E1N4W7 Level lot, Corner Site, Industrial mall/subdivision, Partially landscaped
  • Amenities Nearby:Shopping
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767 North Napan Road, Out Of Board, New Brunswick, E1N4W7

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