400 Bi-State Blvd Delmar, MD
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Gas station with carwash, laundromat, and deli; passive income.
Type:RETAIL
Property size:
3,996 SFLot size:
1.26 AcresPrice / SF:
$300/SF- Added:
- Feb 13, 2025
- Days on Market:
- 435
- Last Refresh:
- Apr 5 at 11:08 pm
Property Features for 400 Bi-State Blvd
General Information
- Standard status
- Active
- Size
- 3,996 SF
- Lot size
- 1.26 Acres
- Property subtype
- RETAIL
Listing agent Allison Conick License #MD 681378 (443) 365-2240
Listing office SVN - Miller | Salisbury (443) 365-2240
Listing date Feb 13, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of SVN - Miller | Salisbury
Overview
Profitable Gas Station For Sale
This property includes both the business and real estate. The property grosses between $40,000 and $60,000 per month, with seasonal variations. Fuel sales account for $20,000 to $30,000 of the monthly gross. A Phase 2 assessment was completed less than two years ago. The property features fiberglass tanks installed in 1996, which are tested yearly. New pumps, new lines, and new diesel have been added. There is no fuel contract currently in place, allowing the new owner to choose their preferred provider. The deli is currently leased at $1,500 per month on a year-to-year basis. The carwash and laundromat are leased at $1,854 per month for a 5-year term. These leases can be terminated upon sale or remain in place. An interested party is considering leasing the market for $3,500. The property could be owner-operated or purchased for passive income with a tenant in place. 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
- -75.5774
- Latitude
- 38.4559
Nearby Similar for Sale
FAQs
What type of property is this?
Gas station - Gas station with carwash, laundromat, and deli; passive income.
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 Income: Property grosses **$40,000 - $60,000 per month** with seasonal variation.; Business and Real Estate Included: Sale encompasses both the business operations and the physical property.; Flexible Lease Options: Existing leases for the deli, carwash, and laundromat can either be terminated upon sale or remain in place.
