4459 Crisfield HwyCrisfield, MD 21817
- Grocery and convenience stores
- 1,216 SF
Property Details for 4459 Crisfield Hwy
- Year built
- 1974
- Lot size
- 1.15 AC
- Property size (Sq ft)
- 1,216 SF
- Zone code
- I-1
- Property type
- Grocery and convenience stores
- APN
- 08-153558
- APU
- 8153558
Description
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.
Location Insight
- City
- Crisfield
- County
- Somerset
- State
- Maryland
- Latitude
- 38.0045
- Longitude
- -75.8228
- CBSA code
- 41540
- CBSA name
- SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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