6105 N St Rd 327, Orland, IN
Others for Sale - $299,500 - 0.21 acres
Property Info
CIMLS# | 1023588 |
Location 6105 N St Rd 327 Orland IN 46776 | |
Updated | December 5th, 2018 |
Type | Others |
Price | $299,500 |
Land | 0.21 acres |
Property Description
Turn key business opportunity with Gas Station, Auto Repair, Convenience store and wrecker service. All Real Estate, business, inventory, and equipment included in sale. Currently operated as an independent gas distributor with no franchise contract obligation. Over 3,000 CPD and the only fuel station in the area could see significant increased traffic by new Toll road interchange project to be fully funded by 2020 that includes upgraded infrastructure from the toll road up to intersection of St Rds 120 and 327. 2015 Cap rate of 15% and average 15k gpm pumped trailing 12 months. No long term debt service and above average margins on fuel sold. Upgraded tanks in 1990 with impressed current cathodic protection. Newer blended pumps that haven't been installed included with sale. Be sure to add this property to your portfolio!