755 Bethune Drive S, Gravenhurst, ON P1P 1K1 – Gravenhurst – $1,295,000

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Description

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.

Property Details

• Property Type: Commercial
• List Price: $1,295,000
• Parking Spaces: 19
• Tax Year: 2025
• Annual Taxes: $6,781