Marathon Gas Station with
4341 Franklin St Michigan City, IN 46360
4341 Franklin St, Michigan City, IN, 46360
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For Sale
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Pending
Rebuilt in 2005, this leased gas station includes three fuel tanks, four pump islands, and a convenience store.
Days on Market103
Property Features for 4341 Franklin St
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
NWI Commercial Real Estate
Listed by
Belinda Moe · License #IN 14041809
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 6:49PM Checked: Jul 21 at 6:49PM
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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
Location Intelligence
Current Use by Public Records
Marathon Gas
Grocery & Convenience Store
Amoco
Gas Station
Jiminez Flooring Company
Carpet & Flooring Store
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FAQs
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.
