Listed by HedgeStone Commercial
$3,350,000
CITCO Gas Station
Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 1,350
Cap Rate 5.30%
Year Built 2005
Lot Size (SqFt) 10,000
Zoning J2
Retail | 5.30% CAP | 1,350 SqFt
Marketing description
Discover a prime investment opportunity in the heart of Patchogue, NY. This impressive CITCO Gas Station with 1,350 SF building, constructed in 2005, boasts a strategic location in the thriving Patchogue area. With its modern construction and ample space, this property presents an ideal canvas for Retail / Street Retail investors seeking to establish a prominent presence in a sought-after commercial hub. The building's prime positioning offers high visibility and accessibility, while its well-maintained exterior and versatile interior layout make it an attractive prospect for retail endeavors. Don't miss out on the chance to make a mark in Patchogue's thriving retail landscape with this exceptional property.
Nestled within the vibrant Patchogue community, the area surrounding the property offers a thriving environment for retail and street retail investors. Its proximity to the bustling Main Street, home to a diverse array of bustling boutiques, trendy eateries, and lively bars, ensures a steady flow of foot traffic. The renowned Patchogue Theatre for the Performing Arts is a cultural epicenter that hosts a variety of performances and events, drawing in a diverse audience. With the Patchogue River nearby, visitors can enjoy scenic waterfront strolls while indulging in the area's rich offerings. Retail and street retail investors will find an enticing opportunity to establish a prominent presence in this lively and dynamic Patchogue location.
Rare opportunity to acquire a fully operational gas station and convenience store located on Medford Avenue in Patchogue, NY. The property includes fuel operations, a 1,200 SF convenience store, and additional income from lotto, ATM, and ancillary services.
Investment highlights
- Strong fuel capacity with double-wall tanks
- Established convenience store operation
- Multiple income streams (fuel, C-store, lotto, ATM, vacuum)
- Located on well-traveled Medford Avenue corridor
- Opportunity for operational upside
- Lot Size: ±0.23 Acres
- Video Walk-Through: https://drive.google.com/drive/folders/1INccIB-aA7T46_6HvAdmPNly2VqKjl9c?usp=drive_link
Listing Contacts
Listed by HedgeStone Commercial
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Zoning
J2 CommercialGeneral CommercialBusiness 2
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