Property Details
Basic Information
- Property Type: Commercial Sale
- MLS Number: 4987850
- List Price: $2,295,000
- Date Listed: 03/13/2024
- Virtual Tour: Virtual Tour
- Description: Thriving retail hardware & lumber store, Gervais ACE Hardware, is offered for sale inclusive of real estate, business & goodwill, inventory (valued at approx. $803K), equipment, etc. This is an opportunity to own/operate a profitable ACE franchise with customer loyalty, a team of experienced and motivated employees, and no competition within 20+ miles. Consisting of a storefront of over 10,000 square feet of retail space, a 10,000 square foot, two-story lumber warehouse, a 3-bed, 3-bath home/rental, and four, income-producing, residential rental units on-site. Gervais ACE Hardware sells products ranging from hardware, plumbing, electrical, tools, sporting goods, automotive/marine supplies, and more. This business also offers a variety of services to customers such as local delivery of lumber/building materials, key-cutting, and paint matching. Features include metal frame construction, cantilever racking in outbuildings/warehouse, second-floor office space, loading area with overhead door, 27,000 BTU AC system, and 16kW emergency backup generator. Recent updates include a new TPO roofing system installed in 2020 (20 yr warranty) and interior renovations to attached apartment units/single-family home. This property overlooks the lake, has abundant parking, and has been a staple to the community and neighboring towns of Essex county for over 25 years. Additional property features and business financials available upon request to qualified buyers with a signed NDA.
Building
- Acreage: 0.59
- Square Feet: 24,908
- Year Built: 2004
- Zoning: Village
- Roof: Architectural Shingle, Asphalt Shingle, Membrane, Other
- Foundation: Concrete, Concrete Slab, Granite, Stone
Location
- County: Essex
- Town: Brighton
Finance
- Taxes: $32,451.06
Interior Features
Basement
- Basement: Concrete Floor, Insulated, Interior Access, Interior Stairs, Partial, Storage Space, Unfinished
Community
Amenities
- Accessibility Amenities: 1st Floor 1/2 Bathroom, Accessibility Features, Hard Surface Flooring, Paved Parking
- Other Amenities: Basement, Water View