233 Harris St - Retail FOR SALE


Pavo, GA 31778 | 
$599,000 USD
770-664-9999
233 Harris St, Pavo, GA for Sale
$599,000 USD
Retail - FOR SALE
1/1
null | Request Cap Rate

233 Harris St
Pavo, GA 31778


HIGHLIGHTS

  • No COAM Contract! No Jobber Contract!
  • Inside Sales are currently averaging $17,500 per month. Outside Sales average 10,000 gallons per month at an incredibly high 80 cents margin pergallon
  • Gas Station Parcel is 0.48 acres and House Parcel is 0.51 acres.

OVERVIEW

Seller is willing to do a lease purchase for the Property! Buyer only needs to bring $200k plus unexpired inventory and the remaining balance can be financed at 2 options: 1st Option: $5,000 monthly payments and a 5-year amortization. Own the property free-and-clear in 5 years! 2nd Option: Interest-only payments at 9% with a balloon payment of the remaining balance after 5 years. No Jobber Contract! Seller is willing to give the property without a COAM contract for the right price and down payment! Two Parcels included! One Gas Station Parcel with full Mechanic Shop and a House Parcel right next door! No Regular gas was sold at the store. Mechanic and Seller had a 50/50 profit-share split arrangement for the mechanic shop income! The agreement was at-will and the Buyer can change the arrangement at any time. There were two full-time employees who lived in the house and ran the store! Store Information: C-Store Building area is 1,050 SF and sits on a prominent corner location offering excellent visibility and easy access! Ample parking area with multiple fuel pumps! Mechanic shop adds a significant high-margin service revenue opportunity! House next door is 3 bed, 1 bath. kitchen, and hall (guesstimated at 1,100 sqft). It is a perfect manager's suite! Buyer can also rent out the house!

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$570 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Gas Station Property and Mechanic Shop

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

-

APN/PARCEL ID

P2-0084

ASK ABOUT THIS PROPERTY

Kavita PurohitRiver BrokersMore Info
770-664-9999

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Kavita PurohitRiver BrokersMore Info
770-664-9999

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.