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Property For Sale Listing 174526

Huge C-store with 2 Buildings

Status as of Oct-8-2008 at 01:22 AM: Active

Property Summary

Huge convenience store in a great neighborhood for sale. It has been at this location for 50 years. Owners can live upstairs which has 2 apartments. This is priced to sell!! Asking price is firm and includes 2 buildings; real estate was appraised for $200,000. Lottery can be added. Cigarette sales are good at $80,000 annually. They recieve $17,000 in rebate from those sales. 80% of the customers are walk-ins.
There are 11 cooler doors and some are owned by vendor. They have check cashing. They have a good seafood business. Both buildings have new roofs. There is a life time guarantee on them. 2 unoccupied apartments need remodeling. A very well stocked inventory. Can apply for beer/wine license with the city to bring in more income. ATM needs to be added. Property listed through Capital Beltway Realty.
Classifications
Asking Price $495,000.00
Revenues $450,000.00
Cash Flow $125,000.00


Categories

Property Types: Businesses For Sale
Location: Maryland Commercial Real Estate
Middle Atlantic Commercial Real Estate
United States Commercial Real Estate
Other: Buildings For Sale

Location

Classification: United States // Middle Atlantic States // Maryland

Price

Price Classification: Between $100 Thousand and $500 Thousand
Asking Price: $495,000

Property Type

Classification: Businesses // Gas Stations & Convenience Stores
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