Description

Fully equipped gas station with small convenience store available for sale.

Current owner completed renovated in 1996. Renovations include three (3) new 8000-galloon double wall fiberglass tanks, installation of new double wall fiberglass lines, installation of a new electronic monitoring system (tanks, sumps, and lines) with interstitial monitoring between tanks, installation of new anti-spill containment system (overfill and overspill), and installation of four (4) electronic pumps (8 fueling points which accept both cash and credit). Renovations also include 20 sq.ft sales kiosk (with heat and air conditioning).

Business is separately owned/not for sale, although owner/operator option is a possibility. Tenant reported gas sales of 1,800,000.00 in 2008. Lease runs through February 2012 with an annual rent of approximately $75,000 plus taxes, insurance, and pre-set annual rent increase.

Asking $1,300,000.00 FIRM. Serious inquiries only. Owner financing available to qualified buyers.

3% COMMISSION OFFERED TO BUYER'S BROKER(S) - BROKER PROTECTION OFFERED

Physical address:

2018 Springfield Avenue, Maplewood (Essex County), New Jersey

Legal description:

Block 21.07/Lot 384, Essex County

Property Size:

180 (frontage) x 100 property, with 900 sq ft store

Contact Denis Kjersgaard, at denstocks@hotmail.com for more information or to schedule an appointment.