Property Listing No Longer Available for Sale

250 E Amidon St, Summit Hill, PA

Retail for Sale - $450,000 - 944 Sq. Ft. on 0.21 acres


Property Info

CIMLS#1028611
Location
  250 E Amidon St
  Summit Hill PA 18250
UpdatedJuly 11th, 2020
TypeRetail
Price$450,000
Building944 Sq. Ft.
Land0.21 acres

Property Description

Owner MUST SELL this Award-winning VALERO with OVER 40K gallons/MO BLEND & massive inside sales by 12/31/19. 1.7MM GROSS, 135K NET, 30% CAP RATE @ 450K (down from 550K). This offering includes both the land with 250' frontage and turnkey Valero franchise which is cash flowing and completely remodeled with mini-mart and brand new restaurant increasing sales year over year. The property has excellent curb appeal being located on very heavily traveled State Route 902 and next to the city center with massive foot traffic. ALL financials are available upon request. Roughly 150k in recent upgrades including all new pumps, new roof, led lights, interior upgrades, restaurant buildout, etc. All certificates & environmental up to date, and site inspection passed. With Valero contract, owner makes 1.5 cents per gallon in rebates. The mini-mart includes a full kitchen which generates over $25,000 per year. Confirmed best-rated gas station in a 5-mile radius. Close to route 209, 309, 476 and 81.


Financials