284 W Olive Ave - Convenience Store FOR SALE


Porterville, CA 93257
$1,650,000 USD
661-200-9499
284 W Olive Ave, Porterville, CA for Sale
$1,650,000 USD
Convenience Store - FOR SALE
1/7
null | Request Cap Rate

284 W Olive Ave
Porterville, CA 93257


OVERVIEW

Seize this rare opportunity to acquire a well-established gas station business with over a decade of proven operations. Located in a high-traffic area of Tulare County, CA, this confidential listing offers a turnkey investment ideal for both owner-operators and investors seeking a steady income stream and future upside. Business Highlights: • Monthly Inside Sales: $60,000 – $70,000 at 35% margin. • Fuel Volume: 12,000 – 15,000 gallons/month with an excellent margin of $0.80/gallon. • Additional Revenue Streams: Lotto, hot food service. • ABC License: Type 20 (Beer & Wine), fully transferable. • Facilities: 2,500 sq ft building on a 0.35-acre lot with 7 parking spaces. • Fixtures Include: 10-door walk-in cooler, 9-door reach-in cooler. • Ownership: Same owner since 2010. • Real Estate is included in the Purchase Price. • Must sign NDA to view financials. Upside Potential: • Reinstate suspended EBT program to boost food and grocery sales. • Add check cashing services and propane sales for additional income. • Increase marketing and operating hours to capitalize on untapped local demand

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$413 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

GAS STATION WITH PROPERTY & BEER WINE MARKET

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

C3

APN/PARCEL ID

260-203-012-000

ASK ABOUT THIS PROPERTY

Abdul JobahJobah's Commercial Real EstateMore Info
661-200-9499

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Abdul JobahJobah's Commercial Real EstateMore Info
661-200-9499

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