$680,000
$850,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
1,232 SqFt
SOLD DATE : 06/25/2019
Key Details
Sold Price $680,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,232 sqft
Price per Sqft $551
MLS Listing ID 72478005
Sold Date 06/25/19
Year Built 1900
Annual Tax Amount $12,543
Tax Year 2018
Lot Size 0.340 Acres
Acres 0.34
Property Description
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 availabl
Location
State MA
County Bristol
Zoning URBRES
Direction Use GPS-GOOGLE MAPS. Intersection of Weir St. and Bow St.
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Bought with George Karavas • Coldwell Banker Residential Brokerage - Canton
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