Gas Station and Convenience Store

Retail-Commercial for Sale
Catylist Listing ID: 30040320
Property Subtypes: Convenience Store, Service Station/Gas Station, Street Retail, Vehicle Related
Building Size (RSF): 9,304 SF
Gross Land Area: 20,258 SF
Sale Price: $599,000
Unit Price: $64.38 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 9,304 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 5/29/2018

Overview / Comments

Established Gas Station and Convenience Store on Charles Street. Approximately 10,000 sq. ft. cinder block building, auto/truck repairs, reconditioning department. 14' ceiling. RI Used Motor Vehicle Dealers License(Buyer would need to apply and qualify for sales license). Also 1800 sq. ft. high-volume convenience store with new gasoline storage tanks(one 10,000 gallon regular unleaded tank, one 10,000 gallon compartmentalized premium unleaded & diesel tank), 3 fuel dispensers, fuel monitoring system and 24' x 48' canopy. New interior and exterior lighting - new roofing. Approximately 375,000 gallons annual fuel sales. Separate 7600 sq. ft. parking lot included. Ample parking on 10,000 sq. ft. lot. Serious Inquiries only.

This property is well located just 1/4 mile from the Mineral Spring Avenue/Charles Street intersection. 108' of frontage on Charles Street and 169' of frontage on Roosevelt Street. Just minutes to Rt.146 and Rt. 95.

Highlights:
•MULTIPLE REVENUE STREAMS
•IDEAL FOR OWNER/USER OR INVESTMENT
•ENVIRONMENTALLY SOUND
•7600SF SEPARATE PARKING LOT
•HIGH TRAFFIC COUNT (15,000 VEHICLES PER DAY)
•PYLON SIGNAGE

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $21,457 (Annual)
Tax Value Land $130,900
Tax Value Improvements $584,100
Assessed Value - Total($) $715,000 (Annual)

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Taxing Authority: Town of North Providence
Tax ID/APN: 1/272,279
Zoning: COMMERCIAL VILLAGE
Retail Clientele: General, Family, Business, Recreation
Property Visibility: Excellent
Largest Nearby Street: Mineral Spring Avenue
Traffic/Vehicle Count: 15,000
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1986
Roof Type: Flat
Construction/Siding: Block, Wood Frame
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Lot Frontage: 108'
Lot Depth: 169'
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 26,613 228,522 406,338
Median Age: 35.82 34.51 35.62
Households: 10,531 89,200 156,244

Contact

Photograph of Listing Agent

Jim Conway

Conway Commercial Group of WR Commercial
ECCPN Member
© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither East Coast Commercial Property Network nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.