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Highland Station: Gas I C-Store I Service 485 S Snelling Ave 3,614 SF Retail Building Saint Paul, MN 55116 $1,750,000 ($484.23/SF)
INVESTMENT HIGHLIGHTS
- Contact Listing Broker for NDA to review financials and station performance data
EXECUTIVE SUMMARY
• 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)
• 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)
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,614 SF
Building Class
C
Year Built
1964
Price
$1,750,000
Price Per SF
$484.23
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.56 AC
Zoning
T3 - The T3 Traditional Neighborhood District in St. Paul promotes medium- to high-density, mixed-use, pedestrian-friendly
development.
Parking
12 Spaces (3.32 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 09-28-23-41-0208 | Improvements Assessment | $756,100 |
| Land Assessment | $779,600 | Total Assessment | $1,535,700 |
PROPERTY TAXES
Parcel Number
09-28-23-41-0208
Land Assessment
$779,600
Improvements Assessment
$756,100
Total Assessment
$1,535,700
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Highland Station: Gas I C-Store I Service | 485 S Snelling Ave
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