51 Well Ln - Retail FOR SALE


Fort Gaines, GA 39851
$1,799,000 USD
770-664-9999
51 Well Ln, Fort Gaines, GA for Sale
$1,799,000 USD
Retail - FOR SALE
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51 Well Ln
Fort Gaines, GA 39851


HIGHLIGHTS

  • Property is THIRTEEN acres and includes a Three Bedroom House!
  • Game Machine commission is $5,000 per month! COAM contract has 6 years remaining.
  • Combined Inside Sales are $65,000 per month!

OVERVIEW

Combined Inside Sales are $65,000 per month! C-Store Inside Sales are currently averaging $42,000 per month at 30% margin! Liquor Store Sales are currently averaging $23,000 per month at a 25% margin! Property is THIRTEEN acres and includes a Three Bedroom House! Gas Sales average approximately 7,000 gallons per month with an average margin of 30 cents per gallon! Game Machine commission is $5,000 per month! COAM contract has 6 years remaining. Lottery Commission averages $3,000 per month! Net profit is over $16,000 per month AFTER paying $5,833 in Payroll and all other expenses! Owner-Operator can take home over $21,000 per month! Store Information: A 3-bedroom, 2-bath mobile home is also located on the property, offering potential use as an owner’s residence, manager’s residence, employee housing, or rental income! Huge property totalling 13.26 acres! Excellent opportunity for future expansion or additional commercial and recreational development, subject to zoning, permitting, and access! Potential opportunity to develop a boat rental business or other lake-oriented recreational uses on the property! Property is serviced by an on-site septic system, eliminating dependence and potentially reducing monthly sewer expenses! The large acreage provides significant flexibility for additional business concepts, storage, parking, recreational uses, or future development!

FOR SALE DETAILS

PRICE

$1,799,000 USD

CAP RATE

10.67%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Gas Station & Liquor Store with House

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

13.26 AC

LAND SF

577,606 SF

ZONING

-

APN/PARCEL ID

009-001

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.