Arco Station with Large Real Property and Market
Business Description
32,856 SF land, which portion of it has not been utilized and can build apartment building or for other use.
1711 SF of building includes 2 bay garage and a convenience shop. No Beer & Wine and no Lotto (Buyer may be able to add both)
This site is being sold under the appraised value of $5.1M
Less than 13 years left on Arco contract.
Owner is collection $3000/mo. rent from 2 bays
Pumping over 133k at 35ct and store is doing about $30,000
Pumps are less than 2 years old
3 DWF (12k, 10K, and 10K)
There is a $3M private loan available to be assumed at 10% interest rate for quick close
1711 SF of building includes 2 bay garage and a convenience shop. No Beer & Wine and no Lotto (Buyer may be able to add both)
This site is being sold under the appraised value of $5.1M
Less than 13 years left on Arco contract.
Owner is collection $3000/mo. rent from 2 bays
Pumping over 133k at 35ct and store is doing about $30,000
Pumps are less than 2 years old
3 DWF (12k, 10K, and 10K)
There is a $3M private loan available to be assumed at 10% interest rate for quick close
About the Business
- Facilities & Assets
- 3 DWF tanks
4 Dispensers ( 2 years old)
12 1/2 year contract with Arco
Arco cannot be terminated - Market Outlook / Competition
- No competition on same corner
- Opportunities for Growth
- Subdivide the property and sell portion of land, or build apartment building
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 1,711
About the Sale
- Seller Motivation
- Needs cash for express car wash project
- Transition Support
- Prefer Gas Station operator
- Financing Options
- There is a 3M hard money loan available at 10% interest, if buyer wishes to assume an
Listing Info
- ID
- 2434794
- Listing Views
Listing ID: 2434794 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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