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870 Preston Rd Martinsville, VA 24112

For Sale
$800,000

Prime Real Estate & High-Cash-Flow Business in Martinsville, VA

Property size:
4,000 SF

Description

Added:
Nov 9, 2025
Days on Market:
36
PREMIUM INVESTMENT OPPORTUNITY: Marathon Gas, Deli

Prime Real Estate & High-Cash-Flow Business in Martinsville, VA

This is a rare opportunity to acquire a high-performing, Marathon-branded gas station and convenience store located at a high-visibility, high-traffic corner right off the US-58 and US-220 Business interchange in Martinsville, VA. The sale includes substantial value-add components: a ready-to-activate Auto Service Garage and a high-potential Food Service Operation.

Current Financial Snapshot (Proven Performance)
* Inside Sales (C-Store only): ~$50,000 / month
* Current Pizza Sales: $10,000 / month
* Fuel Volume: ~20,000 gallons / month
* Fuel Margin: Strong $0.20 per gallon
* ATM Income (Commission): $300 / month
* Lottery Commission: $700 / month
Key Features & Major Growth Potential

* Massive $20,000/Month Games Upside: The store has a proven history of generating $20,000 per month from machine income (e.g., games/vending). These machines are currently not in the store, allowing the new owner to bring them in immediately and reactivate this high-margin revenue stream.

* Integrated Auto Service Garage (Ready for Income): Includes a dedicated 1-bay garage space with an underground oil change ramp. The space is currently used for storage; no tools or equipment are included. It is ready for immediate activation for quick lube, state inspections, and minor repairs, capturing existing fuel/C-Store traffic.

* Food Service Growth Potential: The kitchen is fully equipped and currently generating $10,000 in monthly pizza sales. The deli section can be immediately relaunched to generate an estimated $10,000 per month extra (based on proven history), significantly boosting current food service revenue to ~$20,000 / month.

* Low Maintenance: The gas company provides and covers all maintenance for the gas pumps and the register system, saving the owner significant operational costs.
Choose Your Investment Structure (Two Options Available)

Option 1: Business & Real Estate Purchase (Maximum Equity & Control)
* Asking Price: $800,000 (Includes Land, Building, and Goodwill) + Inventory

Option 2: Business Only (Leasehold Purchase) (Lower Entry Cost, Flexible Exit)
* Asking Price: $250,000 (Goodwill) + Inventory
* Lease Rate: $3,500 / month (Favorable, low-cost occupancy.)
* Lease Agreement: Ready upon request. We are prepared to finalize a lease agreement immediately.
* Flexibility: Includes the valuable option to purchase the real estate in the future, providing a clear path to full ownership and long-term equity growth.

Property Features for 870 Preston Rd

General Information

Property type
Gas stations
Square Feet
4,000 SF
Class
C
Total Parking Spaces
10

Building Details

Year Renovated
2023

Insight Report Location Intelligence

Current Use by Public Records

Hunt Brothers Pizza Pizza Restaurant Marathon Gas Gas Station J & H Market Grocery Store

Suggested Use

Restaurant Spa & Massage Hair Salon Nail Salon Auto Repair Shop Wholesale Shop Auto Parts Store Grocery Store Food Market Discount Store

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

Location Insight

  • Map
  • Local Demand
City
Martinsville
State
Virginia
Longitude
-79.9587255
Latitude
36.6381844

FAQs

What type of property is this?
Gas station - Prime Real Estate & High-Cash-Flow Business in Martinsville, VA
Where is this gas station located?
The property is located at 870 Preston Rd Martinsville, VA.
What is the asking price?
The asking price for this property is $800,000.
More about this property
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