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400 Bi-State Blvd Delmar, MD 21875

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For Sale
$1,200,000

Gas station, C-Store, carwash, and laundromat for sale.

Property size:
3,996 SF

Property Features for 400 Bi-State Blvd

General Information

Size
3,996 SF

Building Details

Year built
1969

Source: Allison Conick Agent Allison Conick

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Delmar Gas Station and More

Located in Delmar, Maryland, this property features a gas station, convenience store, carwash, and laundromat. The sale includes both the business and the real estate. A deli is currently leased for $1,500 per month on a year-to-year basis. The carwash and laundromat are leased for $1,854 per month for a 5-year term. These leases can either be terminated upon sale or remain in place. The property grosses between $40,000 and $60,000 per month, with seasonal variations; fuel sales account for $20,000 to $30,000 of this revenue. Phase 2 of construction was completed less than 2 years ago. There is no fuel contract in place, allowing the new owner to choose their preferred provider. The owner reports an interested party in leasing the market for $3,500. The property could be owner-operated or acquired for passive income with a tenant in place. The fiberglass tanks were installed in 1996 and are tested yearly. New pumps, new lines, and new diesel have been added. The property size is 3,996 square feet.
Location Intelligence

Current Use by Public Records

Gas stations

Map

City
Delmar
County
Wicomico
State
Maryland
Longitude
-75.5465
Latitude
38.4385

FAQs

What type of property is this?
Gas station - Gas station, C-Store, carwash, and laundromat for sale.
Where is this gas station located?
The property is located at 400 Bi-State Blvd Delmar, MD.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: - Prime location in the heart of Delmar, MD on Bi State Blvd.; - High Gross Monthly Revenue: Property grosses $40,000-$60,000 per month with seasonal variation.; - Multiple Income Streams: Includes gas station, C-Store, carwash, and laundromat.
More about this property
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