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PRICE REDUCTION -Great High Traffice LocationViewed 2043 times
 Details
Asking Price:$REDUCED $1.3
Company/Brand:UNBRANDED
Lot Size:10,388 Sq. Ft.
Building Size:2194 Sq. Ft.
Location:CT, Stamford
 Contact Info
E-mail Seller
Seller Name:Michael Fox
Website:www.gasda.org
 
Real Estate Included: Yes
Fuel Offering:
Number of Multiple Product Dispensers: 1-5
Alternate Profit Centers: Service Bay(s)
Comments:

Brand of Gasoline – Unbranded – 4-bays with 2 MPD’s & Canopy – This location includes the property in highly desirable Fairfield County on a busy street with a corner location. Has possible Drive Thru if wanted to turn into a C-Store! Currently this is a 4-bay Repair Shop with No Supply Contract and selling Unbranded Gasoline.

The building is a total of 2,194 Sq. Ft. with 3-bays facing the front and 1-bay in the rear with a separate garage door.

The entire property is 10,388 Sq. Ft. and is located in the CN Neighbor Business District requiring a minimum of 5,000 Sq. Ft. of property.

This would be a great conversion to a Convenience Store and then add a Franchise such as Dunkin Donuts, Subway or Jimmy Johns.

The property is currently rented at $6,000 per month but the tenant is on month to month and wishes to remain, but will vacate immediately if necessary or stay while permits are obtained to put in a C-Store.

The rear of the property might be large enough to allow for a Drive Thru which would allow a lot of stacking of cars without interfering with the gasoline pumps.

Currently the station has (1) island with a Canopy. See picture below. Very easy access to I95 and the Merritt Parkway and a higher middle income area of Fairfield County, with shopping centers and business parks in the direct radius of the station. Traffic count is 25,000 cars a day.

3 – 6000 gallon steel tanks installed June of 1988 with a 30-year life span. A complete Phase I of the location has been done with no major issues at the location.

I have the comps for all sales in a 3-miles area and the average comp is $1,866,666 so this location is priced to sell in this current market. Complete listing of comp sales is available.