For Sale
$510,000

9002 30 Rd Harrietta, MI 49638

Profitable MI Gas Station & Convenience Store

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a fully operational gas station and convenience store located at 9002 W 30 Rd, Harrietta, MI 49638. The property boasts a 2,000 square foot building situated on a substantial 43,734 square foot lot, providing ample space for operations and potential expansion. Built in 1950, the single-story structure currently operates at 100% occupancy, generating a strong net operating income (NOI) of $160,000, representing a compelling 31.37% cap rate. The asking price is $510,000. The property includes 10 parking spaces for customer convenience. Recent improvements include a new 12,000-gallon double-wall fiberglass tank and a clean environmental assessment completed within the last two years. While the gas pumps are 14 years old and lack card readers, this presents an opportunity for modernization and increased revenue potential. This turnkey operation is ideal for an owner-user seeking redevelopment or an investor looking for a high-return, established business in a stable market. The property is classified as Class C retail and offers a single tenancy. This is a 100% ownership opportunity. Don't miss this chance to acquire a well-established business with significant upside potential in Wexford County.

Property Details for 9002 30 Rd

Property type
Retail properties, Grocery and convenience stores
Square Feet
2,000 SF
Class
C
Year Built
1950
Buildings
1
Stories
1
Units
1

Location Insight

City
Harrietta
County
Wexford
State
Michigan
Latitude
44.3095213
Longitude
-85.7614978

FAQs

What type of property is this?
Retail property - Profitable MI Gas Station & Convenience Store
Where is the retail property located?
The property is located at 9002 30 Rd Harrietta, MI.
What is the asking price?
The asking price for this property is $510,000.
How can I contact the broker?
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9002 30 Rd
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