369-373 McLaughlin DR, Moncton, New Brunswick, E1A4R3

$990,000 - For sale

One-of-a-kind opportunity to purchase a well-established business in a high traffic area, surrounded by several commercial and residential properties including the Moncton University, numerous multi-family units, the Odyssee School and the new k-8 complex to hold 1300 students set to open in fall 2023. The business is comprised of a convenience store, a coin operated laundromat, kitchen with prep space, two spacious 2- bedroom apartments on separate meters and a 5-bay self-serve car wash building. Formerly it operated as a Irving Gas Station but the tanks are to be replaced in order to establish a new fuel supply agreement. Seeking retirement, the long-standing owner is offering the business at $620,000 below the recent appraisal value for the replacement of the expired underground fuel storage tanks and related pumping equipment and laundrymat equipment. Very accessible, with 173ft of frontage along Mclaughlin Drive and close to the major arteries & downtown connectors. Sold separately MLS®#:M149655 is a 4104 SQ METER parcel (PID#70380787) located just behind the property, also zoned (ID) suitable for expanding the current usage or for various projects including multi-residential developments as seen in this neighborhood (subject to city approval). Call, email or text to discuss this one-of-a-kind opportunity. (id:2471)
Location DescriptionLocated on McLaughlin Drive, 750m from Morton Ave.
- Property Address:369-373 McLaughlin DR, Moncton, New Brunswick, E1A4R3
- Property Type:Retail
- Title:Freehold
- Lot Size:2732.2 Sq Meters acres
- Water Type:Municipal water
- Access:Year-round access
- Driveway:Garage
- Structure Style:Retail
- Total Finished Area:9761 sqft
- Floor Space:9761 sqft
- Heating Type:Electric, Natural gas, Baseboard heaters, Heat Pump
- Cooling Type:Air Conditioned
- Amenities Nearby:Public Transit
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369-373 McLaughlin DR, Moncton, New Brunswick, E1A4R3
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