Gas Station, Convenience Store, Car Wash – (4 Unit Retail) +Real Estate

Minnesota
$1,600,000

$1,600,000
Asking Price
8479 je
Listing ID#
11/08/2021
Posting Date
$1.2M
Gross Sales
-
Cash Flow
3
Employees
Listing Agent

Business Description

Over $5MM invested in the land and real estate. Built in 2007 with excellent value-add opportunity. 4 unit retail building consists of: 5,327 SF Gas Station/Convenience Store (operated by Seller), 2,635 SF Former Restaurant (Long John Silvers, A&W, & BBQ – last occupied in February, now vacant), and 2 vacant retail storefronts totaling 2,376 SF. Total building: 10,338 SF + 2,190 SF Car Wash = 12,528 Total SF. Remodel last year with over $400k invested in new pumps, building, signage, and new Minnoco flag (previously Mobil). Do not disturb business – all tours through listing broker. Contact brokers for financials and additional information. Developed By: RJ Ryan Construction, ENL, Inc., James R. Hill, Inc., Lampert Architects, EXXON Mobil, YUM Brands, Croix Oil, Specialty Equipment, Pump & Meter

Business Details

ASKING PRICE: Asking price: $1,600,000. (Includes all Land and Buildings including the 2 bay carwash and equipment estimated at $250,000. Seller is open to leasing the gas station/convenience store/ car wash space.

REASON FOR SALE: Seller lives in Missouri.

GROSS SALES: $1.2M plus

FACILITY: Corner Lot, Freeway Visibility, Pylon Sign, Restaurant, Security System, Signage, Drive Thru, Air Conditioning. Storefront Retail/Office - 12,528 SF Year Built 2007 2.24 Acres Zoning Parking Opportunity Zone B-3 Parking 81 Spaces (6.47 Spaces per 1,000 SF Leased) Frontage 254 FT on US-Highway 10

EMPLOYEES: 3 part-time employees along with one full-time. Owner is absentee.

Jim Evavold
Jim Evavold
Business Broker; Advisor
612-331-8392
952-994-6435
jim.evavold@oibmn.com

Request Information

Jim Evavold
Jim Evavold, Business Broker; Advisor
612-331-8392
952-994-6435
jim.evavold@oibmn.com