Active

$2,270,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 4719 sq ft
Overview
  • ID: MFRO6220496
  • Bedrooms:
  • Bathrooms: 0
  • Size: 4719 sq ft
Property Details
Remarks
Discover an exceptional business and real estate investment with this fully operational gas station and tenanted units, strategically positioned on a high-traffic corner lot at the first exit off Highway 417 onto Colonial Drive heading west with high visibility and a consistent customer flow with an average daily traffic count of over 45,000 vehicles. This property features a grocery store/mini-mart equipped with a full kitchen in one unit and a gas station/convenience store in the other, making it a versatile and lucrative opportunity. The grocery store boasts 2,542 sq ft of net leasable space, while the convenience store covers 1,693 sq ft. Additional revenue streams include an ATM inside the convenience store and lottery sales. It is equipped with updated gas pumps featuring credit card payment systems and energy-efficient LED lighting. The station includes 4 double-sided filling stations, offering a total of 8 gas pumps with 3 fuel grades and 1 diesel pump. Double-walled gas tanks are in place, ensuring compliance with environmental safety regulations. The property is offered with Triple Net Lease (NNN) tenants in place, providing a stable income stream and minimal management responsibilities for future owners. Recent updates include a new roof and a freshly painted exterior in 2024, reducing immediate capital expenditure requirements for the new owner. Whether you're looking to expand your portfolio or enter the value-added gas station and convenience store market, this opportunity promises immediate returns and long-term growth potential. Don’t miss out on this high-traffic, high-visibility location with stable income and strong investment fundamentals. Contact us today for more information or to schedule a viewing!
Financial Considerations
Price:
$2,270,000
HOA Fee:
N/A
Tax Amount:
$14091.78
Price per SqFt:
$371.83
Tax Legal Description:
HILLTOP MANOR W/84 LOT 1 BLK B & BEG SWCOR OF SAID LOT RUN W ALONG N R/W LINE OF SR 50 57.54 FT N 250 FT E 57.54 FT S 250 FT TO POB
Exterior Features
Lot Size:
30718
Lot Features:
Corner Lot
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Membrane
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Retail
Style:
N/A
Year Built:
1976
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    8431 E COLONIAL DR
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