Building for Sale - current use - Gas Station

Retail-Commercial for Sale
Catylist Listing ID: 30230135
Property Subtypes: Service Station/Gas Station
Building Size (RSF): 1,482 SF
Gross Building Area: See Agent
Sale Price: $599,900
Unit Price: $404.79 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 2/17/2020

Overview / Comments

Business & Mobile Gas Station Building for sale. Extremely busy corner - Walton & Sashabaw. Business can be sold separately for $239,900. Current lease is for 4 more years with a 5 year option to renew. Rent is $3200./month. Gas station is currently selling 35,000-45,000 gallons per month. The store in the winter months is producing approx. $40,000 per month and in the summer $60,000 per month. Please do not approach employees or managers at the store!!

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Lakes Area
Tax ID/APN: 1303482006

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,787 72,573 167,326
Median Age: 41.29 38.72 38.18
Households: 3,093 28,830 65,298


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