Fantastic opportunity to acquire an established convenience store with Conoco branded gasoline, a check cashing business, and additional income-producing retail space. Situated on approximately 2.51 acres with I-2 zoning, the property features an approximately 10,150-square-foot commercial building with three additional retail units that are currently leased. Based on the rent roll, the property currently generates $11,900 per month in rental income, with potential for additional rental revenue. The convenience store includes a deli and kitchen, providing additional potential to expand food service and increase revenue. Lucky Check Cashing, located within the convenience store, is also included in the sale, adding another established business component and revenue stream. With multiple existing income sources, a large 2.51-acre site, and flexible I-2 zoning, the property offers substantial potential for an owner-operator or investor to expand existing operations, introduce additional profit centers, or explore future development opportunities. A unique opportunity to acquire an established commercial property with current income and significant upside potential.
Property details
Property
Type
Retail
MLS type
Commercial Sale
Status
Active
Year built
2001
Lot
2.51 AC / 109,430 SF
MLS #
1856578
Exterior & lot
Roof
Composition
Parking
Asphalt
Garage spaces
1
Utilities
Water
Public
Sewer
Public Sewer
Financial
Annual tax
$53,243
Parcel
R0103764
Location
County
Adams
Ask about this property
Questions on 1202 E 58th Avenue, or want to see it in person?