For Sale
$5,995,000

29 Warrenton BlvdWarrenton, VA 20187

Profitable Convenience Store & Gas Station

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a fee-simple ownership of a Shell-branded convenience store and gas station located on heavily trafficked Lee Highway (Route 29) in Warrenton, Virginia. The property boasts 5,208 square feet on a 2.37-acre lot, featuring six gas pumps (twelve nozzles) and excellent visibility, with an estimated 43,000 vehicles passing daily. Built in 1995, this Class B, single-story building is zoned for commercial use and includes four units. The property currently operates as a multi-tenant facility with three tenants. The asking price is $5,995,000, representing a price per square foot of $1,151.11 and a 6.84% cap rate. This owner-user opportunity offers significant potential for income generation and growth. The seller is willing to finance 15% of the sale price, making this an attractive proposition for qualified buyers. The property's APN is 7906-83-4511-000. This prime location in Fauquier County, Virginia (zip code 20187), offers a strong foundation for a successful business venture.

Highlights

  • High-traffic location on Lee Hwy/Rt. 29, with estimated 43,000 vehicles per day.
  • Owner-operator business opportunity available.
  • Gas station with six pumps (twelve nozzles) on a 2.34-acre lot.
  • Seller financing available for 15% of the purchase price.

Property Details for 29 Warrenton Blvd

Property type
Retail properties, Grocery and convenience stores
Square Feet
5,208 SF
Class
B
Year Built
1995
Buildings
1
Stories
1
Lot Size (sq. ft)
103,237 SF
Units
4

Location Insight

City
Warrenton
County
Fauquier
State
Virginia
Latitude
38.7673653
Longitude
-77.709035
29 Warrenton Blvd, Warrenton, Virginia

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29 Warrenton Blvd
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