Thriving retail hardware & lumber store, Gervais ACE Hardware is offered for sale and inclusive of real estate, business & goodwill, inventory (valued at approx. $875K), equipment, etc. This is an opportunity to own/operate a profitable ACE franchise with customer loyalty, a team of experienced and motivated employees, and virtually no competition within 20+ miles. Consisting of a storefront of over 10,000 square feet of retail space, in addition to a 10,000 square foot, two-story lumber warehouse 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 retail store 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 the attached apartment units. 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 well-qualified buyers with a signed NDA.
Details
MLS#
4987850
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Year
2004
Days On Site
178
Listing Provided By
Jim Campbell Real Estate | Ryan Pronto
Features
SQ Feet
23,000
Basement
Y
Units
3
Zoning
Village
Acreage
0.41
Market Activity 05846
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jul 2024
Sales: 2
Avg $ Per SqFt: $179.87
Min Sale Price: $84,900
Max Sale Price: $416,000
Med Sale Price: $250,450
Date: Jun 2024
Sales: 4
Avg $ Per SqFt: $114.65
Min Sale Price: $101,700
Max Sale Price: $840,000
Med Sale Price: $357,450
Date: May 2024
Sales: 4
Avg $ Per SqFt: $5.9
Min Sale Price: $15,000
Max Sale Price: $700,000
Med Sale Price: $139,500
Date: Apr 2024
Sales: 1
Avg $ Per SqFt: $258.45
Min Sale Price: $153,000
Max Sale Price: $153,000
Med Sale Price: $153,000
Date: Mar 2024
Sales: 1
Avg $ Per SqFt: $134.29
Min Sale Price: $235,000
Max Sale Price: $235,000
Med Sale Price: $235,000
Date: Feb 2024
Sales: 2
Avg $ Per SqFt: $246.24
Min Sale Price: $165,000
Max Sale Price: $375,000
Med Sale Price: $270,000
Date: Jan 2024
Sales: 1
Avg $ Per SqFt: $61.22
Min Sale Price: $60,000
Max Sale Price: $60,000
Med Sale Price: $60,000
Date: Dec 2023
Sales: 1
Avg $ Per SqFt: $93.81
Min Sale Price: $234,900
Max Sale Price: $234,900
Med Sale Price: $234,900
Date: Nov 2023
Sales: 1
Avg $ Per SqFt: $185.19
Min Sale Price: $200,000
Max Sale Price: $200,000
Med Sale Price: $200,000
Date: Oct 2023
Sales: 4
Avg $ Per SqFt: $76.66
Min Sale Price: $40,000
Max Sale Price: $177,000
Med Sale Price: $62,450
Sourced by Back At You
Jul 2024
Sales:
2
Avg $ Per SqFt:
$179.87
Min Sale Price:
$84,900
Max Sale Price:
$416,000
Med Sale Price:
$250,450
Jun 2024
Sales:
4
Avg $ Per SqFt:
$114.65
Min Sale Price:
$101,700
Max Sale Price:
$840,000
Med Sale Price:
$357,450
May 2024
Sales:
4
Avg $ Per SqFt:
$5.9
Min Sale Price:
$15,000
Max Sale Price:
$700,000
Med Sale Price:
$139,500
Apr 2024
Sales:
1
Avg $ Per SqFt:
$258.45
Min Sale Price:
$153,000
Max Sale Price:
$153,000
Med Sale Price:
$153,000
Mar 2024
Sales:
1
Avg $ Per SqFt:
$134.29
Min Sale Price:
$235,000
Max Sale Price:
$235,000
Med Sale Price:
$235,000
Feb 2024
Sales:
2
Avg $ Per SqFt:
$246.24
Min Sale Price:
$165,000
Max Sale Price:
$375,000
Med Sale Price:
$270,000
Jan 2024
Sales:
1
Avg $ Per SqFt:
$61.22
Min Sale Price:
$60,000
Max Sale Price:
$60,000
Med Sale Price:
$60,000
Dec 2023
Sales:
1
Avg $ Per SqFt:
$93.81
Min Sale Price:
$234,900
Max Sale Price:
$234,900
Med Sale Price:
$234,900
Nov 2023
Sales:
1
Avg $ Per SqFt:
$185.19
Min Sale Price:
$200,000
Max Sale Price:
$200,000
Med Sale Price:
$200,000
Oct 2023
Sales:
4
Avg $ Per SqFt:
$76.66
Min Sale Price:
$40,000
Max Sale Price:
$177,000
Med Sale Price:
$62,450
MLS Number: 4987850
Ryan Pronto – (802) 334-3400 – ryan@jimcampbellrealestate.com
Jim Campbell Real Estate – (802) 334-3400 – ryan@jimcampbellrealestate.com
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MLS Number: 4987850
Ryan Pronto – (802) 334-3400 – ryan@jimcampbellrealestate.com
Jim Campbell Real Estate – (802) 334-3400 – ryan@jimcampbellrealestate.com