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Beacon Gas Station in Pittsburg

1001 Railroad Ave, Pittsburg, CA 94565

N/A

300 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
300 SF
Property Type:
Retail
Property Sub-type:
Service/Gas Station
Property Use Type:
Vacant/Owner-User
No. Stories:
1
Year Built:
1974
Lot Size:
0.24 AC
APN / Parcel ID:
085-204-006-2
Listing ID
15554433
Last Updated
18 days ago

Highlights

  • Downtown Pittsburg! Beacon branded independent gas station w/ real property
  • High visibility and high traffic corner lot
  • Price $999,900
  • Seller financing with 30% down, a fuel service agreement and Approved Credit

Description

Will be Valero soon with new image package and new dispensers. 1.2 mil gal /year sale and NOI of approximately $18,900/month Operating Income adjusted for owner/user buyer in 2014/2015 as of Dec. 31, 2014. Margin for gas sale is 32 cents/gal. and 6% margin for C-store (160 sf) in the same fiscal period. Payroll expense is annualized $83,000. Owner/User may capitalize this potential income. Beacon branded gas station w/ propertyand retail Kiosk on a busy and highly visible corner lot (approximately 0.24 acre). Facility includes canopied 6 MPDs with CFN services (regular, midgrade, premium and diesel at 12 fuel stations and 2-12,000 & 2-6,000 gal. fibreglass double-walled tanks with Gilbarco controllers. Zoned as Service Station and part of former Revelopment Area with new developments on both corners. Sale price includes real property and business assets but excludes inventory. Seller financing available with 30% down payment, subject to buyer's qualifications and a 10-year fuel service agreement.
Please do not contact on-site operator/employees. For additional information, Buyer and his/her agent need to download the attached Non-Disclosure Agreement, sign where appropriate.

The property is located on the corner of 1001 Railraod Ave and 10th St. off California Delta Highway (Highway 4) in Pittsburg, California. Railroad Ave. is a major artery coming into downtwon Pittsburg where extensive redevelopment has been completed. Expansion opportunity exists by purchasing additional land to the South of the station from the appropriate Agency. Contact details available. .

Map of 1001 Railroad Ave, Pittsburg, CA 94565 (Contra Costa County)

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