Gas Station & Bills IGA Grocery/C-Store (OPS & RE SALE)
High Performing Site | Flexible Fuel Supply | Multiple Revenue Streams
Marketing description
Connolly Investments is pleased to present to qualified purchasers the opportunity to acquire Bill’s IGA Grocery Store and Gas Station, located at 290 Hawes Boulevard in Hawesville, Kentucky. This Grocery Store and Gas Station presents a rare opportunity to acquire a high-performing, fee-simple grocery, convenience and fuel retail asset in the heart of Hancock County, near the border of Kentucky and Ohio. Positioned along a primary commercial corridor with strong local traffic and direct access to U.S. Route 60, the property serves as a longstanding retail anchor for Hawesville and the surrounding western Kentucky communities. Its strategic location near the Ohio River and within driving distance of Owensboro and Evansville enhances its regional draw and customer base.
The property is situated on approximately one acre and is improved with a well-maintained grocery/convenience store and gas station totaling just over 16,000 square feet. The site includes a full-service IGA grocery operation, fuel canopy and pumps, and ample parking, creating a convenient one-stop destination for local residents and pass-through traffic alike. Bill’s IGA has established itself as a trusted community staple, benefiting from strong customer loyalty, limited nearby competition, and consistent daily traffic.
Offered at an asking price of $5,400,000, the opportunity includes the fee-simple real estate, business operations, and all related improvements, with inventory to be adjusted at cost. This offering provides investors and owner-operators with the ability to acquire a turnkey operation backed by strong in-place cash flow and substantial real estate value.
As a dominant retail asset in a stable and underserved market, Bill’s IGA Grocery Store and Gas Station represents an exceptional opportunity to acquire an established business with deep community roots, strong sales performance, and long-term upside in a strategically located western Kentucky market.
In Association with ParaSell, Inc. | A Licensed Kentucky Broker #260997
Investment highlights
Rare Owner-User Opportunity: Opportunity for an owner-operator to take over a well-established business and unlock additional upside through hands-on management.
Flexible Fuel Supply: Site can be delivered with open fuel supply, allowing a new owner to negotiate favorable fuel contracts or maximize margins independently.
Proven Location: Well-established community staple in Hawesville with limited nearby competition, driving consistent repeat business and local loyalty.
Strong Revenue Base: The location generated approximately $9 million in total sales in 2025, demonstrating consistent performance and strong customer demand.
Diverse Revenue Streams: Unique offering includes grocery butcher and convenience inside sales, providing multiple income streams and demand drivers beyond fuel.
High-Capacity Site: Property features eight fueling stations and ample parking, supporting high customer volume and positioning the site for continued growth.
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