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4459 Crisfield Hwy Crisfield, MD 21817

Profitable Gas Station & Retail Units

Overview

Added:
Dec 11, 2024
Days on market:
138
This 4,712 sq ft gas station and convenience store in Crisfield, MD, presents a unique investment opportunity. Operating as a Gulf Gasoline franchise since 1990, it offers diesel, regular, and ethanol-free fuel. The property boasts a full-service convenience store with a carry-out option and the potential for a restaurant. Significant renovations were completed in 2016 and 2023, including a new roof, pumps, coolers, and kitchen upgrades. The 1.15-acre lot includes four commercial units, three currently leased at monthly rates of $695, $750, and $700, with one used as a dining area. The property benefits from its prime location as the first convenience store entering Crisfield, serving a growing economy and a large tourist population from nearby Janes Island State Park. Annual sales averaged over $1,500,000 pre-COVID, without selling alcohol, tobacco, or lottery products. Recent improvements include renovated underground tanks (100% compliant, iron with fiberglass coating) and a repaved parking lot. The PNG contract with Gulf runs through 12/31/2025, with an owner option to terminate. This turnkey operation offers substantial income potential and strong long-term prospects. The property is classified as Class B, with a single-story building and permitted commercial zoning.

Highlights

  • Gulf gasoline franchise, offering diesel, regular, and ethanol-free fuel.
  • Over $1,500,000 in average annual sales (pre-COVID) without selling alcohol, tobacco, or lottery.
  • Full-service convenience store with carry-out and optional restaurant space.
  • Extensive renovations in 2016 and 2023, including store, kitchen, coolers, roof, and pumps.
  • Four commercial units generating rental income; one used as a dining room.
  • Prime location: first convenience store entering Crisfield, MD.

Property Details for 4459 Crisfield Hwy

Property type
Retail properties, Gas stations
Square Feet
4,712 SF
Class
B
Year Built/Renovated
1990/2016
Buildings
1
Stories
1
Lot Size (sq. ft)
50,094 SF
Units
4

Location Insight

City
Crisfield
County
Somerset
State
Maryland
Latitude
38.005068000538
Longitude
-75.82306089703

FAQs

What type of property is this?
Retail property - Profitable Gas Station & Retail Units
Where is the retail property located?
The property is located at 4459 Crisfield Hwy Crisfield, MD.
What are key features of this property?
This property features: Gulf gasoline franchise, offering diesel, regular, and ethanol-free fuel.; Over $1,500,000 in average annual sales (pre-COVID) without selling alcohol, tobacco, or lottery.; Full-service convenience store with carry-out and optional restaurant space.
How can I contact the broker?
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4459 Crisfield Hwy
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