Incredible Gas Station & Real Estate Opportunity In Minnesota

Description

Gas station and real estate offered for $280,000. The property is located in a high-traffic area and includes an operating fuel business along with a separate building that could support an additional use.

Property

• Asking price: $280,000
• Operating gas station
• Real estate included
• Detached former car wash building

Additional building

The detached car wash building has received city approval for conversion to a liquor store, according to the seller.

A buyer could also consider renovating the space for self-service car wash use instead. Any future use should be confirmed with the city before construction or equipment purchases begin.

Possible improvements

• Open a liquor store in the detached building, subject to licensing
• Rebuild the car wash operation
• Upgrade the existing gas station
• Add other permitted convenience services

Buyer review

Buyers should verify current gas station sales, fuel volumes and margins, equipment ownership, property taxes, title, zoning and the condition of both buildings.

Fuel-system records, underground storage tanks and environmental history should also be reviewed. City approval for the liquor-store conversion does not replace any separate alcohol-license or operating approvals that may be required.