Property Listing No Longer Available for Sale

1402 S 4th St, Allentown, PA

Retail for Sale - $490,000 - 0.68 acres


Property Info

CIMLS#995002
Location
  1402 S 4th St
  Allentown PA 18103
UpdatedNovember 1st, 2018
TypeRetail
Price$490,000
Land0.68 acres

Property Description

NO franchise agreement. Turn key cash flowing Shell Gas Station plus mini-mart/convenience store with increasing lottery commissions year over year. ALL financial available. Thousands in upgrades. Approved tank certifications and all EPA certification for ground clearance and testing samples. All certificates up to date and site inspection passed. Inventory negotiable. Interior office space and interior customer bathroom. Pavement/blacktop redone 11/2013. NO Franchise RENEWAL, can go unbranded for higher profit margin or re-flag to another franchise. Strong upswing with either decision. Sole owner and family run, with aggressive marketing and efficient management, this property can double income. BOTH property and business split, with single owner. Owner pays himself 35k/year and 52k in rents to owner-owned property entity. Lottery / ATM / ICE / Chk Cashing (2500/mo) / Air / Kerosene. ***Owner purposely prices gas higher than competition to reduce customer flow due to age***


Financials