279 Little Tor Rd New City, NY 10956

This exceptional turnkey business opportunity presents a high-performing gas station and convenience store located at 279 S Little Tor Rd, New City, NY 10956. The property, situated on a high-traffic location in Rockland County, boasts 2,155 square feet and features eight gas pumps, three repair bays currently leased for $4,500 monthly (lease expiring July 2020), and a well-established convenience store generating approximately $40,000 in monthly gross sales. The convenience store offers significant expansion potential. The property includes three double-wall fiberglass (DWF) underground storage tanks (10,000, 10,000, and 8,000 gallons) installed in 2005. Comprehensive environmental documentation is available. The property has ample parking and is zoned for commercial use. An application for a new canopy is pending; the canopy's cost ($35,000) is negotiable. The asking price is $4,000,000, representing a 4.00% cap rate. The property has a 100% occupancy rate and is currently operating as a Gulf station. The 1965-built structure is assessed at $17,666 in 2022 taxes. This is a truly remarkable investment opportunity with strong cash flow and significant upside potential. The property's APN is 392089-051-013-0002-034-000-0000. There is no contract with a fuel provider.