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755 Bethune Drive S Gravenhurst, Ontario P1P 1K1

0.7 ac

$1,600,000

Exceptional 0.70-acre of land with site plan approval for a gas station business and a retail investment development opportunity. The site is approved for a +/- 4,294 SF commercial retail building consisting of three units with an endcap drive-thru wrap around, a three gas pump bar, two underground storage tanks, and 19 parking spaces (2 H. accessible). The property has frontage on three streets along with multiple access points from both Main Street and Veterans Way. Esso-approved location with projected 5 million litres. LOI from petroleum retailers to lease gas bar and c-store for $175,000 + TMI per annum. Preliminary interests from franchise QSR brands for the retail units projecting over $110,000 annual rental income. **** EXTRAS **** Traffic: 17,600 cars AADT exiting Hwy 11 and 11,124 cars AADT for Bethune Drive. (id:11731)

Business

Business Type Retail and Wholesale
Business Sub Type Retail & offices

Property Details

MLS® Number X8299608
Property Type Vacant Land
Parking Space Total 19

Building

Size Interior 0.7 Ac
Utility Water Municipal Water

Land

Acreage No
Size Irregular 183.33 X 165 Ft
Size Total Text 183.33 X 165 Ft

https://www.realtor.ca/real-estate/26838440/755-bethune-drive-s-gravenhurst