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1500 Northcrest Dr
Crescent City, CA 95531
Gas Station & Mart with Real Estate · Retail Property For Sale

Executive Summary

MS Real Estate Inc. is excited to offer a unique opportunity to own a well-established gas station and convenience store in Crescent City, California. This Patriot-branded facility has been a cornerstone of the community, operating successfully under the same dedicated ownership for the past 10 years. The business comes with a Type-20 Liquor License, permitting the sale of beer and wine. This valuable asset enhances the store's appeal as a high-volume convenience store, attracting a broader customer base and offering significant potential for increased revenue. The current owners have made numerous upgrades, including new flooring, counters, cash registers, pumps, an LED sign, and a canopy, ensuring the facility is in excellent condition. The gas pumps and underground tanks have been meticulously maintained and comply with all Environmental Health Board regulations, providing potential buyers with confidence and peace of mind. Additionally, there is substantial potential for growth and expansion, with opportunities to add extra services or products to boost revenue further.
Revenue:
• 2024- $130,000 monthly inside sale without lottery | Lottery sale is around $13000 monthly.
• The gas gallon sells for around 16k plus per month, with a profit margin of $1.00 for each gallon sold.
• 2023-2,795,608.52 | 2022-3,338,489.320 | 2021-3,042,751.20
Financing:
Financing: All Cash and SBA financing is possible.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Convenience Store
Building Size
1,176 SF
Year Built
1971
Price
$3,200,000
Price Per SF
$2,721.09
Percent Leased
100%
Building Height
1 Story
Building FAR
0.16
Lot Size
0.17 AC
Parking
5 Spaces
Frontage
83’ on East Washington Boulevard

About 1500 NORTHCREST DR , CRESCENT CITY, CA 95531

Building Square feet: 1176 with 7405 square feet corner lot. Two double-wall tanks, 10,000 gallons each, were installed in 2005. Two dispensers with four (4) pumps. Employees: 3 Full Time (32+ hours a week) 2 Part Time Hours- 5 am to 12 am, 7 days a week The gas supplier is Valley Pacific Petroleum, a reputable company in the industry.

Property Taxes

Property Taxes

Parcel Number
116-154-014-000
Land Assessment
$504,878
Improvements Assessment
$176,095
Total Assessment
$680,973
  • Listing ID: 34218112

  • Date on Market: 12/16/2024

  • Last Updated:

  • Address: 1500 Northcrest Dr, Crescent City, CA 95531

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