Ultramar Gas Station with Appartment

Ultramar Gas Station for Sale in Marmora, Ontario

An excellent opportunity to acquire an established Ultramar-branded gas station, convenience store and mixed-use commercial property strategically located at 57 Matthew Street in Marmora, Ontario. The property enjoys prominent exposure along Highway 7, one of Central Ontario’s principal east-west travel routes connecting communities between the Greater Toronto Area and Ottawa.

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This going-concern offering combines the operating fuel and retail business with the underlying commercial real estate, a residential apartment and an additional food-truck rental component. The diversified income structure makes the property suitable for an experienced gas-station operator, owner-occupier, family business or commercial investor seeking an established operation with multiple revenue streams.

The property comprises approximately 1.352 acres with approximately 186 feet of frontage along Matthew Street/Highway 7. The site is improved with an approximately 2,674 square foot mixed use building, consisting of approximately 2,130 square feet of ground floor commercial and retail space and an approximately 544 square-foot second floor residential apartment. A separate fuel canopy contains approximately 896 square feet.

Established Fuel Operation

The gas bar operates under the recognized Ultramar brand and is equipped with four Gilbarco fuel dispensers. The dispensers offer regular, mid-grade and premium gasoline, while one dispenser also offers diesel fuel. All four dispensers reportedly provide pay at the pump service. The property has two underground double-wall fiberglass fuel-storage tanks with a reported combined capacity of approximately 122,600 litres:

• One approximately 81,600 litre tank used for regular gasoline and divided into two equal compartments.
• One approximately 41,000 litre tank divided into two approximately 20,500 litre compartments for premium gasoline and diesel.
• Veeder-Root electronic tank-monitoring system.
• Metal fuel canopy with LED lighting.

Convenience Store and Retail Operations

The approximately 2,130-square foot commercial area accommodates an established convenience store operation with multiple product and service categories.

The retail operation includes:

• General convenience store merchandise
• Tobacco products
• Beer and wine sales
• Lottery services
• ATM
• Beverage and refrigerated-product displays
• M&M Food Market freezer and retail section
• Ice cream freezer
• Service counter
• Secondary retail-display area
• Storage room
• Customer washroom

The convenience store reportedly includes an eight door beverage cooler, with four cooler doors used for alcohol products, a six door M&M Food Market freezer and a two door ice cream freezer. These additional retail categories provide revenue diversification beyond conventional fuel and convenience-store sales.

Residential Apartment

The second floor contains an approximately 544 square foot residential unit with:

• One bedroom
• One bathroom
• Kitchen
• Separate living area
• Private walk up entrance

Additional Food Truck Rental Component

A separate portion of the property is used by a food truck operator. Leased food-truck area that contributes additional rental income to the overall operation. This component provides a complementary food service offering without requiring the gas station owner to directly operate a restaurant. The written lease, rental amount, renewal rights, utility arrangements, equipment ownership and transferability should be confirmed during due diligence.

Building and Site Improvements

The mixed-use building is reportedly constructed with:

• Concrete block footings and slab foundation
• No basement
• Wood frame construction
• Pre coloured metal exterior cladding at the front
• Vinyl siding at the rear
• Pitched, metal-clad roof
• Ceramic tile flooring in the primary retail area
• Laminate plank flooring in the rear retail extension and residential apartment
• LED lighting throughout much of the commercial area
• Aluminum-framed, double glazed doors and windows

The property is serviced by:

• Municipal water
• Municipal sewer
• Natural gas
• Hydro
• Commercial HVAC cooling
• Natural-gas furnace
• Approximately 400 amp, 240 volt electrical service

The site has one established point of ingress and egress from Matthew Street/Highway 7. The rear portion of the property is heavily treed.

Location and Investment Opportunity

Marmora is an established Central Ontario community situated along Highway 7 between the Toronto and Ottawa markets. The area serves local residents, nearby rural communities, contractors, commercial traffic, cottage owners and seasonal recreational visitors. The surrounding region is known for lakes, trails, camping, fishing, ATV use, snowmobiling and other outdoor activities. The Highway 7 exposure supports both local repeat business and passing traffic.

This property offers several business and real-estate components within one acquisition:

• Recognized Ultramar branding
• Approximately three million litres of annual fuel volume
• Convenience store operation
• Beer and wine sales
• M&M Food Market retail section
• Lotto and ATM services
• One bedroom residential apartment
• Food-truck rental component
• Approximately 1.352 acres of commercial land
• Municipal water and sewer
• Four pay at the pump dispensers
• Approximately 122,600 litres of reported underground fuel-storage capacity
• Business and real estate offered together, subject to the final agreement of purchase and sale

Financial statements, fuel-volume information, fuel-supply documents and available due-diligence materials may be provided to qualified buyers after execution of a confidentiality agreement and confirmation of financial capacity.

Please do not approach the employees, customers, fuel supplier, food-truck operator or other parties associated with the property. All inquiries and appointments must be arranged through the listing broker.