Fast Stop Gas Station
206 West South Street
Mechanicsburg, IL 62545
| Price: |
$399,000 |
| CAP Rate: |
8.00% |
| Building Size: |
3,600 SF |
| Approx Lot Size: |
1.50 Acre(s) |
| Year Built: |
1963 |
Net Lease Investment: |
No |
| Existing Debt: |
Yes |
| Property On Ground Lease: |
No |
| 1031 Exchanges Acceptable: |
Yes |
Property Features- Branded Gas Station
- Rental Income
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For more information contact:
Dan Sperry
(217) 529-6202
Sperry & Associates
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Property Description
$51,000 INSIDE SALES 23,000 GALLONS PER MONTH 3600 sq ft branded gas station and convenience store sits on 1.23 acres in the Springfield, IL area. Rental income of $450 per month. Sells lots of beer. Does a great business. No other store closer than 10 miles. Gas contract can be bought out easily if someone wanted to change brands. Has a deli/restaurant with seating for 30 people. The deli can be rented out if new owner does not want to manage. Price includes real estate. (2) 10k gallon tanks. 2 pumps under canopy. Sits at a 4 way corner in the middle of town. Has back up generator so you can operate during storms or without power. This is worth a look!
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