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525 W Main St
Charleston, MS 38921
Absentee-Operated Gas Station with Property · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Asking only $749,000 plus inventory!
  • Net Profit is over $10,000 per month AFTER paying $7,500 per month in payroll! Seller is 100% Absentee because he stays an hour and a half away from t
  • Inside Sales are $75,000 Monthly! Outside Sales are 40,000 gallons at 10 cents margin per month! Seller collects $300 for renting a portion of the par

PROPERTY FACTS

Property Type
Retail
Property Subtype
Service Station
Building Size
3,700 SF
Building Class
C
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.98 AC
Zoning
Com - Commercial
Parking
12 Spaces (3.24 Spaces per 1,000 SF Leased)
Frontage
190’ on Main St

ABOUT 525 W MAIN ST , CHARLESTON, MS 38921

Asking only $749,000 plus inventory! Inside Sales are $75,000 Monthly! Outside Sales are 40,000 gallons at 10 cents margin per month! Seller collects $300 for renting a portion of the parking lot! ATM commission is $1,000 per month! Net Profit is over $10,000 per month AFTER paying $7,500 per month in payroll! Seller is 100% Absentee because he stays an hour and a half away from the gas station! The property consists of 2 separate buildings and includes a 1 bedroom apartment! There are also 3 extra commercial spaces! Liquor license available! Buyer can convert one space to a liquor store and another space to a laundromat! Buyer has lottery but does not focus on it as he is running with employees. There is huge potential to increase lottery sales with an owner-operator! 1.5 acres included! Jobber contract has 12 years remaining and has 2 options: Rack+3 with all profit to the Buyer or 50-50 split with the Jobber. The pumps and canopy are brand new. Property has brand new LED canopy lights and a new price sign! Average daily traffic count of 8,125 vehicles passing by the store each day! 2 mins from General Hospital. 3 mins from an Elementary School with over 590 students! 4 mins from High School with 250 students. Asking Price for Business and Property: $749,000 + inventory! If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
060F14005
Land Assessment
$5,703
Improvements Assessment
$15,702
Total Assessment
$21,405
  • Listing ID: 29536233

  • Date on Market: 9/16/2023

  • Last Updated:

  • Address: 525 W Main St, Charleston, MS 38921

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