For Sale
$1,300,000

136 Sherman Ave Vandergrift, PA 15690

Profitable PA Convenience Store & Gas Station

Overview

Added:
Dec 11, 2024
Days on market:
137
This 1,760 sq ft convenience store and gas station in Vandergrift, PA, is offered at $1,300,000. Located at 136 Sherman Avenue, this owner-user opportunity boasts 100% occupancy and a strong revenue history, supported by detailed 2023 financial records including register tapes and fuel invoices. The property features three service bays with potential for conversion into additional retail space, increasing revenue streams. Recent upgrades include pumps, MPDs, canopy, and fresh asphalt (all within the last 5 years), minimizing maintenance needs. The sale includes a flexible fuel contract (buyout under $40,000), allowing for renegotiation or rebranding. Underground storage tanks, installed between 1977 and 1998, are compliant with updated standards. Additional assets include second-floor office space and a housing unit on an adjacent lot, offering expansion or rental income potential. This turnkey operation presents a compelling value-add investment in the growing Pittsburgh MSA, with limited competition in the area. Detailed financial documentation is available for review. The property is situated at the corner of Sherman Avenue and Farragut Avenue, in Vandergrift, PA 15690.

Highlights

  • Short-term fuel contract buyout available for under $40,000, allowing for renegotiation or rebranding.
  • Three service bays offer conversion potential for expanded C-store space and increased revenue.
  • Strong 2023 sales records (register tapes and fuel invoices) demonstrate current profitability.
  • Modern, low-maintenance operation due to recent upgrades (pumps, MPDs, canopy, asphalt) within the last five years; no deferred maintenance.
  • Compliant and safe underground storage tanks (installed 1977, 1989, 1996, 1998) meet updated standards.
  • Includes second-floor office space and adjacent lot with housing unit, offering expansion or rental income potential.

Property Details for 136 Sherman Ave

Property type
Retail properties, Grocery and convenience stores
Square Feet
1,760 SF

Location Insight

City
Vandergrift
County
Armstrong
State
Pennsylvania
Latitude
40.6050706
Longitude
-79.5622165

FAQs

What type of property is this?
Retail property - Profitable PA Convenience Store & Gas Station
Where is the retail property located?
The property is located at 136 Sherman Ave Vandergrift, PA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Short-term fuel contract buyout available for under $40,000, allowing for renegotiation or rebranding.; Three service bays offer conversion potential for expanded C-store space and increased revenue.; Strong 2023 sales records (register tapes and fuel invoices) demonstrate current profitability.
How can I contact the broker?
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136 Sherman Ave
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