Joseph Wong
Broker, MBA, FRI, CRES
Calgary, Alberta, Canada



Contact Information:

Cell: (403) 680-8611 Res: (403) 208-2889
Fax: (403) 208-2388

Email Address:

josephwong@realtymail.net
or
jojocan2001ca@yahoo.ca

Want to know more about Joseph Wong and how he can help you with any real estate needs?

>> Click here for more information
 
Click here to visit CanEquity Mortgage at www.canequity.com



 

Race Trac Gas Station / Convenience Store / Liquor Store / Car Wash w/ 3-Bedroom Bungalow.

Asking Price: $400,000CDN  + Inventory (about $100,000)
Type: Business and Property for sale
Size of building: 2-storey of 2100 sq. ft. (main floor only + 250sq. ft. upstairs for office and storage uses).
Size of lot: .41 acre (17,860 sq ft)
House Information: (This house is 1 block away from the gas station) 3-bedroom bungalow - 800sq ft / no basement / 80' x 100' lot size.

A Race Trac Gas station with a 2 bay self-serve car wash; a liquor store and a convenience store for sale in Fort Vermilion, Alberta. This business with property is listed for sale with us at $400,000 plus inventory.  The listed price also includes a 3 bedroom house (800 sq feet), about 1 block away from the gas station.

This is the only gas station and carwash inside the town centre and Greyhound bus depot and Loomis courier depot are located inside the subject property.

Fort Vermilion is located near the junctions of Highways 88 and 58, which is east of High Level and north of Edmonton. It’s about 45 minutes drive from High Level.   The subject property is located at the town centre of Fort Vermilion, with a population of about 1,200 people.

The community of Fort Vermilion has modern education (both elementary and high school), health care (a full service hospital and a long term care facility), recreation, business and other related facilities to enhance everyone’s quality of life.  For further information about Fort Vermilion, please check on its website at:

http://www.albertasnorth.com/ftvermilion/fact.htm

The seller has indicated to us that he will carry a first mortgage of up to 75% of the selling price, provided that the buyer can come up with at least $100,000 for downpayment + at least $50,000 for remaining inventory. The seller would also look at real estate trades from any prospective buyer.

The gas station carries the Race Trace brand gas and it has two underground fuel storage tanks and a pump island with 1 pump 2 hoses.  (This station was set up with 2 pumps 4 hoses but only one pump is operating now)  The seller is the original owner who has been operating this business for over 11 years.  In February of 2002, a Phase II Environmental Site Assessment was done on the gas station and the result of the assessment was satisfactory with no hydrocarbon contamination at the site.

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