485 S Snelling Ave - Service Station FOR SALE


Saint Paul, MN 55116- Highland
$1,750,000 USD
651-769-4826
485 S Snelling Ave, Saint Paul, MN for Sale
$1,750,000 USD
Service Station - FOR SALE
1/22
null | Request Cap Rate

NEW


485 S Snelling Ave
Saint Paul, MN 55116
Highland


HIGHLIGHTS

  • Contact Listing Broker for NDA to review financials and station performance data

OVERVIEW

• Established Gas Station, Convenience Store, and 4 Bay Service Station in prime MacGroveland St Paul neighborhood! • Sales includes Real Estate + Business Assets • Excellent, high visibility, high traffic count corner location • Large approximate ½ acre site; Zoned T3 • Perfect ingress and egress from both Snelling Avenue and Randolph Avenue • 5 Dispensers / 10 Fueling Positions (Pumps) • Big Buyer Upside: E15 should be added again (removed a few years ago due to line replacement work needed and lost half of gas sales volume - contact broker for details) • Minnoco brand/flag - NO LONG TERM CONTRACT • Long-time owner operator retiring • Tremendous value-add opportunity for new owner/management! • Site holds redevelopment possibilities as well • Separate single car wash (operating, but needs new roof) and ample parking areas • Rooftop HVAC: New August of 2016. Shop: Infrared heat • Main building roof is older, office roof replacement few years ago • Environmental Phase II and monitoring active and up-to-date (contact broker for details)

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$484 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Highland Station: Gas I C-Store I Service

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

T3

APN/PARCEL ID

09-28-23-41-0208

ASK ABOUT THIS PROPERTY

Hayden Hulsey, CCIMResults CommercialMore Info
651-769-4826

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

Hayden Hulsey, CCIMResults CommercialMore Info
651-769-4826

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