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229 Weir St
Taunton, MA 02780
INDEPENDENT GAS STATION - SALE PROPERTY ONLY · Retail Property For Sale
PROPERTY FACTS
ABOUT 229 WEIR ST , TAUNTON, MA 02780
PROPERTY ONLY FOR SALE! This station is located where two busy streets meet, and it has access from both sides, as it’s a V-shape lot (2 curb cuts on each side). It has 4 pumps with 8 fuel dispensers under 2 canopies, two bays, full service repair shop, and a convenience store. There are 3 fiberglass double-wall 8000 gallon fuel tanks, with life time warranty, which were installed in 1991. The tenant/operator is running a successful business there since March 2008. His lease expires in October 2022 with a 5-year option left. The monthly rent is currently $3,705 with 2% annual escalations. Tenant pays the real estate taxes separately. The ground is clean and all environmental work that has been performed in the past is filled and easy to access at the MassDEP web page. The station is currently going under some equipment updates in order to comply with the latest environmental state regulations. 21E environmental work will commence after the P&S signing, and the report should be available before the closing.
PROPERTY TAXES
| Parcel Number | TAUN-000078-000070 | Improvements Assessment | $324,300 |
| Land Assessment | $215,700 | Total Assessment | $540,000 |
PROPERTY TAXES
