Citgo Gas Station

Retail-Commercial for Sale
Sale Pending
Also listed as Business Opportunity
Catylist Listing ID: 30289929
Property Subtypes: Convenience Store, Free-Standing Building, Retail-Pad, Service Station/Gas Station, Vehicle Related
Status: Pending
Building Size (RSF): 2,560 SF
Gross Building Area: See Agent
Sale Price: $205,000
Unit Price: $80.08 PSF
Ceiling: 9 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Citgo
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/18/2018

Overview / Comments

Be your own boss with this well-established business. This Citgo station had two new 2017 pumps put in and two 2,000 gallon fiberglass tanks (new early 2000's). The store sells pizza, beer, wine, liquor, grocery items, as well as bait, tackle, fishing/hunting licenses and more. Located close to several places to fish or just go boating, with many public boat launches on the Grand River in the area. The building offers an area for an ice cream shop with a service window that is not being utilized. Inventory sold separately.

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $2,705 (Annual)
Tax Value Improvements $62,438
Assessed Value - Total($) $64,100 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Ottawa
Taxing Authority: Grand Haven Township
Tax ID/APN: 70080110017 & 700801100017
Zoning: B-1
Retail Clientele: General, Family, Business, Traveler
Property Visibility: Good
Feet of Frontage: 306
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 2,560 SF
Year Built: 1957
Construction/Siding: Wood Frame
Exterior Description: Block/Concrete
Heat Type: Natural Gas
Heat Source: Baseboard
Lot Frontage: 306.5
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,629 13,383
Median Age: 38.95 38.76
Households: 1,933 4,702

Contact

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