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8431 E COLONIAL DRIVE

Commercial For Sale
$2,270,000

BTC: 25.22221381

ETH: 716.04089319

133 days
0 room(s)
4,719 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Discover an exceptional business and real estate investment with this fully operational gas station and tenanted units, strategically positioned on a high-traffic corner lot at the first exit off Highway 417 onto Colonial Drive heading west with high visibility and a consistent customer flow with an average daily traffic count of over 45,000 vehicles. This property features a grocery store/mini-mart equipped with a full kitchen in one unit and a gas station/convenience store in the other, making it a versatile and lucrative opportunity. The grocery store boasts 2,542 sq ft of net leasable space, while the convenience store covers 1,693 sq ft. Additional revenue streams include an ATM inside the convenience store and lottery sales. It is equipped with updated gas pumps featuring credit card payment systems and energy-efficient LED lighting. The station includes 4 double-sided filling stations, offering a total of 8 gas pumps with 3 fuel grades and 1 diesel pump. Double-walled gas tanks are in place, ensuring compliance with environmental safety regulations. The property is offered with Triple Net Lease (NNN) tenants in place, providing a stable income stream and minimal management responsibilities for future owners. Recent updates include a new roof and a freshly painted exterior in 2024, reducing immediate capital expenditure requirements for the new owner. Whether you're looking to expand your portfolio or enter the value-added gas station and convenience store market, this opportunity promises immediate returns and long-term growth potential. Don’t miss out on this high-traffic, high-visibility location with stable income and strong investment fundamentals. Contact us today for more information or to schedule a viewing!

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1976
Lot:
0.71 Acres
Heating:
No Data
Price/sqft:
$481
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Cooling

    • Central Air

  • Property

    • Levels: One

    Lot

    • Lot: 0.71 Acres

    Other Property Information

    • Parcel Number: 132230364002010

    • Zoning: C-1

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $14,092

  • Source details

    • MLS ID: O6220496

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Lot Features: Corner Lot

    • Living Area: 4719

    • Subdivision Name: HILLTOP MANOR

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BLUE CHIP INTERNATIONAL REALTY LLC