Details - Information last confirmed on March 17, 2021
Foreclosure Bank Owned Gas Station Possible No Fuel Contract 0.47 Acre Property
Bank owned branded gas station that was built in 1998 on a 3 way intersection corner lot on a major road with plenty of local traffic. This station was currently on the market for $1,050,000 with tenants in place and fuel contract in place as well and now being offered free and clear of tenants and possible no fuel contract. The station comes fully equipped and has full canopy with 4 MPD's and a convenience store that is a stand alone building that is 800 sf total. We have no numbers on the fuel or the store sales we are dealing directly with the bank and they have no history of sales. This property is within compliance of the state of New Jersey and is operating as of now and has been since 1998. The property is big enough to build a 3000 sf convenience store with over 15 parking spaces which is required for a store of this size. The current landlord of this site had plans to build and has been advertised as such by other brokers that were representing the sale prior to foreclosure. The new buyer will get this property delivered free and clear with no tenants and possible no fuel contract. We are accepting offers on behalf of the bank with the asking price starting at $1,350,000 asking price is based on market value and priced to sell. We have no information on the tanks or the environmentals the station is being sold as is make an offer. All offers welcomed 1031 exchange as well buyer must be willing to close within 45 days. Happy shopping.
There is also no financing being offered from the bank buyer must have his/her own financing in place for this transaction.
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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.