270 S Fort St - Service Station FOR SALE


Detroit, MI 48217
$630,000 USD
810-444-9476
270 S Fort St, Detroit, MI for Sale
$630,000 USD
Service Station - FOR SALE
1/7
null | Request Cap Rate

270 S Fort St
Detroit, MI 48217


OVERVIEW

Business & Property For Sale – Fort Citgo Prime Gas Station with Real Estate – Detroit, MI Key Offering Highlights Business + Property Included in sale - Annual Revenue: ~$650,000 - Fuel Volume: Approx. 110,000 gallons annually (excluding diesel) - Established Community Customer Base - Located near the Detroit Marathon Refinery and Gordie Howe International Bridge construction zone - High customer base - Accepts EBT Proposed Brand Remodel Package – USPP / Citgo (Negotiable by Buyer) Fuel Commitment: 15,000 gallons/month (excluding diesel) -Term: 10 years -Dealer Rebate: $0.01 per gallon -New Citgo Image Upgrade – Estimated value: $90,000 - Equipment: 2 refurbished dispensers and new POS system Diesel Sales to be reintroduced with remodeled dispensers Additional Features - Lottery Performance Monthly Averages: Available Upon Request - Opportunity to Add Hot Food Program for increased revenue Growth Potential - Fort Citgo is uniquely positioned for substantial revenue growth through both operational upgrades and regional development: - Diesel Fuel Reintroduction: With the proposed brand remodel, diesel fuel sales will be reinstated for the first time in five years—opening up a significant profit channel and attracting additional commercial traffic. - Hot Food Program Opportunity: Introducing hot, prepared food can drive inside sales and capitalize on the daily demand from local workers and transient traffic—an untapped revenue stream with strong margins. - Established Community Loyalty: The station maintains a consistent customer base from nearby residents, Detroit Marathon Refinery staff, and Gordie Howe International Bridge construction crews. Future Traffic Growth Upon completion of the Gordie Howe Bridge, Fort Citgo will benefit from a surge in cross-border and commuter traffic between Detroit and Canada, further enhancing fuel and retail sales potential.

FOR SALE DETAILS

PRICE

$630,000 USD

PRICE/SF

$548 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Citgo

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

B4

APN/PARCEL ID

20-015315

ASK ABOUT THIS PROPERTY

Anne SchultzSchultz RealtyMore Info
810-444-9476

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Anne SchultzSchultz RealtyMore Info
810-444-9476

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