Listing # P00061 – Gas Station Property

Property for Sale

Property Information

Listing No.

P00061 – Gas Station Property

Price

$1,600,000

Location

Suffolk, NY

Property Size

15,682 Sq. Ft.

Zoning

General Business Districts (C-6) / Service & Gas Station (432)

Real Estate Taxes

$17,000

Tanks

(3) 8,000 installed in 1989

Supply

Open Supply

Highlights

Gas Station Property for Sale. Station has limited competition; closest station to the East is a full-serve, 2 bay repair shop branded Getty with 1 MPD with no canopy 1.7 miles away, and to the West is an unbranded station 5.4 miles away. Station has very high margins due to limited competition. One and a half years left on current lease with tenant, and tenant is willing to stay and sign a long term lease if needed or you may operate station after lease expires in 1½ years. Station has no supply agreement, so you can brand this station any brand you like when lease expires. Station has unobstructed view from both directions (High Visibility). Great station for an owner-operator, distributor or investor. Property size is approximately .36 acres (15,682 Square Feet). Real estate taxes are approximately $17,000 per year. Zoning is General Business Districts (C-6) / Service & Gas Station (432). Station has (3) 8,000 gallon tanks installed in 1989, Super tank is out of service, need repair or replacement. Station is being sold with open supply, branded Guld at the moment. Lease with tenant expires on January 31, 2021, currently paying $8,400 per month including taxes.

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Disclaimer


Please tour discretely as a customer, as all employees do not know station is for sale. Do not attempt to discuss this listing with the owner or any employees without prior approval from us. Seller requires financial statement with offer. All information has been provided by the seller and needs to be re-verified by the buyer. Bill Blau Real Estate & Bill Blau Business Broker, Inc. makes no representation to its accuracy and does not certify or make any warranties of any of the information provided and have not verified any information. It is strongly advise that you and/or your accountant review all information and do all due diligence before the closing. Information is subject to change without notice.