Marathon Gas Station with
For Sale
Contact for pricing
Pending
4341 Franklin St, Michigan City, IN 46360
Rebuilt in 2005, this leased gas station includes three fuel tanks, four pump islands, and a convenience store.
Property SizeContact for details
Days on Market144
Property Features for 4341 Franklin St
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Year Renovated
2005
Listing Agency:
NWI Commercial Real Estate
Listed By:
Belinda Moe · License #IN 14041809
Source:
Crexi
Added: Apr 11
Changed: Aug 13
Last Checked: Aug 28 at 2:47PM
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 NWI Commercial Real Estate
Investment Insights
Based on property information with market context.
This Marathon gas station was totally rebuilt in 2005 and operates as a combined fuel and convenience store. The site includes three underground fuel tanks totaling 12,000 gallons (4,000 regular, 8,000 diesel) and four pump islands with eight pumps. The property also includes a convenience store.
The station is situated on a high-profile site on busy Franklin St. As of the latest information, the station is currently leased, and the tenant has suggested gas volume of approximately 500,000 gallons per year and convenience store sales of approximately $360,000 annually. All supply contracts to the station are held by the tenant.
The existing improvements and equipment support continued fuel sales and in-store retail operations under the current leased arrangement.
The station is situated on a high-profile site on busy Franklin St. As of the latest information, the station is currently leased, and the tenant has suggested gas volume of approximately 500,000 gallons per year and convenience store sales of approximately $360,000 annually. All supply contracts to the station are held by the tenant.
The existing improvements and equipment support continued fuel sales and in-store retail operations under the current leased arrangement.
Key Highlights
- Marathon gas station totally rebuilt in 2005 and currently leased.
- Fuel system includes 3 tanks: 12,000 total (4,000 premium and 8,000 diesel).
- 4 pump islands with 8 pumps.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
659
Businesses Nearby
Explore this area
Business Placement
Demographics for 46360, IN
44,209
Population
21,652
Households
2
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
76.6 sq mi
ZIP Area
577
Density / Sq Mi
$59,641
Median Household Income
$36,738
Median Earnings
$924
Median Rent
$155,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Gas station - Rebuilt in 2005, this leased gas station includes three fuel tanks, four pump islands, and a convenience store.
Where is this gas station located?
The property is located at 4341 Franklin St Michigan City, IN.
What are key features of this property?
This property features: Marathon gas station totally rebuilt in 2005 and currently leased.; Fuel system includes 3 tanks: 12,000 total (4,000 premium and 8,000 diesel).; 4 pump islands with 8 pumps.
