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Gas Station and C-Store

825 W Isabella St, Salisbury, MD 21801

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For Sale

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Well-trafficked gas station and convenience store for sale.

Type:Retail, Special Purpose

Property size:

1,599 SF

Price / SF:

$312/SF

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Contact for Pricing

Please call us for current price
and status of this listing

Andrew Ball

Real Estate License ID: MD 36569

HighLights

High Visibility and Well Trafficked Location
Established Gas Station and Convenience Store (C‑store)
Located in a well‑trafficked area.
Established Business ready for new owner.
Gas Station and Convenience Store (C‑store) on site.
Year Built: 1964

For Sale

Contact for pricing

Well-trafficked gas station and convenience store for sale.

Type:Retail, Special Purpose

Property size:

1,599 SF

Price / SF:

$312/SF

Added:: Apr 18, 2022
Days on Market:: 1541
Last Refresh:: Jun 25 at 3:45 pm

Property Features for 825 W Isabella St

General Information

Standard status: Active
Size: 1,599 SF
Property subtype: Retail, Special Purpose

Building Details

Year Built: 1964

We can help!

Contact an agent

Andrew Ball

Listing office SVN | Miller Commercial Real Estate Salisbury

Listing date Apr 18, 2022

Source Crexi

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 Commercial Real Estate Salisbury

HighLights

High Visibility and Well Trafficked Location
Established Gas Station and Convenience Store (C‑store)
Located in a well‑trafficked area.
Established Business ready for new owner.
Gas Station and Convenience Store (C‑store) on site.
Year Built: 1964

Overview

This commercial property features a gas station and convenience store. The property size is 1599 square feet. It is located in a well-trafficked area.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$54.3k	$33.96
− Vacancy	−$6.2k	−$3.85
EGI	$48.1k	$30.11
− OpEx	−$14.4k	−$9.03
NOI	$33.7k	$21.08

1,599 SF · lease $33.96/SF/yr · vacancy 11.34% · expense 30.00%

Alternative Uses

Best Use

Retail

$481.4K

$421.3K – $561.7K (±1% cap)

NOI $33,701 @ 7.0% cap · market cap 6.74%

Second Best

Specialty Retail

$392.7K

$343.6K – $458.1K (±1% cap)

NOI $27,487 @ 7.0% cap · market cap 5.50%

Theoretical Best

Office A

$559.3K

$489.4K – $652.6K (±1% cap)

NOI $39,154 @ 7.0% cap · market cap 7.83%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Top Ten Grocery & Convenience Store ATM Atm

Suggested Use

Location Insight

Map
Local Demand

City: Salisbury
County: Wicomico
State: Maryland
Longitude: -75.5845796
Latitude: 38.3706199

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For sale
Gas stations
MD
Salisbury
21801
825 W Isabella St

What type of property is this?

Gas station - Well-trafficked gas station and convenience store for sale.

Where is this gas station located?

The property is located at 825 W Isabella St Salisbury, MD.

What is the asking price?

The asking price for this property is $500,000.

What are key features of this property?

This property features: High Visibility and Well Trafficked Location; Established Gas Station and Convenience Store (C‑store); Located in a well‑trafficked area.