Property Listing No Longer Available for Sale

855 & 867 State Hwy 22, Minnesota Lake, MN

Retail for Sale - $149,900 - 20,882 Sq. Ft. on 0.64 acres


Property Info

CIMLS#1076210
Location
  855 & 867 State Hwy 22
  Minnesota Lake MN 56068
UpdatedJuly 9th, 2020
TypeRetail
Price$149,900
Building20,882 Sq. Ft.
Land0.64 acres

Property Description

Food-N-Fuel in Minnesota Lake, MN

Convenience store with gas, diesel, self-serve and drive through car wash.

This store is nestled in a town with a head count of 700, but, also caters to the surrounding farming population and is on busy state highway 22. Nearest competition is at least ten miles in any direction. Gross sales last year were $1.2m and fuel gallons sold were 240,000. Absentee owner enjoys a three year average net of 40k. A much greater potential is available to a more involved operator. The main building is 1800 sqf and had substantial roof repairs done in 2019. The car wash is an automatic touch less that accepts coins, credit card or codes generated from point of sale system


Financials