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31737838
31737861

303 US-31, Bay Minette, AL 36507

JS
GA 243123
Unpriced
72 days on market
Updated 69 days ago
Opportunity zone

303 S Hwy 31 - Service Station - 3 Station Portfolio

Details
Property Type Retail
Sub Type Gas Station
Pumps 2

Retail

Marketing description

Majors Management, LLC is pleased to present a neighborhood-oriented convenience store for sale at 303 S Highway 31 in Bay Minette, Alabama. The property is strategically positioned along Highway 31, a primary north-south corridor through Bay Minette, offering strong visibility and convenient access for both local residents and daily commuters.

This location serves a well-established area of Bay Minette, surrounded by residential neighborhoods, local businesses, and community services. The site benefits from steady neighborhood traffic, repeat customer visits, and consistent demand for everyday convenience retail and fuel services. With close proximity to the downtown area and connectivity to major regional routes, the store captures both local and pass-through traffic while maintaining a community-focused operating presence.

Investment highlights

Please submit all Indications of Interest (“IOI’s”) no later than 5:00 p.m. Eastern Time on May 15, 2026, to John Gynnip at

[email protected]. All IOI’s must be made in writing and should reflect the buyer’s best and most complete proposal based on the information provided. See attached CIM for details.

Majors Management, LLC is offering three (3) company-owned convenience store locations strategically

positioned throughout the Mobile, Alabama market. Collectively, these assets represent a compelling

opportunity for buyers seeking to establish a presence or expand an existing footprint within a stable and

well-established Gulf Coast retail market.

The proposed transaction will be structured as follows:

•The proposed transaction will be structured as an asset sale. Buyers should assume a debt-free and cash-free balance sheet at closing. Inventory, supplies, and any applicable cash on hand will be transferred at actual cost, ensuring operational continuity while allowing the buyer to assume control of day-to-day operations upon closing.

•At closing, the buyer will enter into a fifteen (15) year fuel supply agreement with Majors Management, LLC or one of its affiliates. This agreement is intended to provide long-term supply stability and continuity for the locations while preserving flexibility for the buyer’s in-store merchandising and operational strategy.

The Company’s primary objective is the sale of these three convenience store locations as a discrete transaction. No other properties, stores, or assets owned by Majors Management, LLC or its affiliates are included. This divestment is part of a broader portfolio optimization strategy, allowing the Company to focus capital and operational resources on other strategic initiatives while providing buyers with a clearly defined and self-contained acquisition opportunity.

Listing Contacts

JS
GA 243123

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Zoning

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B-2 CommercialGeneral CommercialGeneral Business District
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Last updated Mar 25, 2026 For deeper zoning details, reports are available at Zoneomics

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