400 Bi-State Blvd Delmar, MD 21875
Property Features for 400 Bi-State Blvd
General Information
- Size
- 3,996 SF
Building Details
- Year built
- 1969
Source:
Svn
Listing 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 currently in place, allowing the new owner to choose their preferred provider. There is an interested party in leasing the market for $3,500. The property could be owner-operated or bought with passive income with a tenant in place. The fiberglass tanks, installed in 1996, 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
Nearby Similar for Sale
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: - High Gross Monthly Revenue: Property grosses $40,000-$60,000 per month with seasonal variation.; - New owner can choose any fuel provider.; - Multiple Income Streams: Includes gas station, C-Store, carwash, and laundromat.