9345 Skycrest Way Palo Cedro, CA 96073
- Retail properties
- 2,400 SF
Current Use by Public Records
- Isalis / Gift Shop / Boutique
- Party City / Costume Store / Party Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 9345 Skycrest Way
- Property size
- 2,400 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional investment opportunity presents two thriving gas stations and convenience stores in Palo Cedro, California, offered as a single package for $7,000,000. The portfolio comprises two strategically located properties totaling approximately 2,400 square feet on combined lots exceeding 1.88 acres. Site #1, known as Palo Cedro Comets, boasts a recently constructed car wash, a Krispy Krunchy Chicken franchise, and a valuable ABC Type 21 liquor license. This location shows strong performance with approximately $100,000 in monthly inside sales and 65,000 gallons of monthly fuel sales, generating a gross profit of $1,258,122 in 2023. Site #2, the Factory Outlet Shell, is situated near I-5 outlets, also featuring a car wash and achieving impressive results with roughly $39,000 in monthly inside sales and 26,000 gallons of monthly fuel sales, resulting in a 2023 gross profit of $410,683. Both sites are meticulously maintained, featuring double-walled tanks, and benefit from 100% occupancy. This package deal presents a significant opportunity for an investor or owner-operator seeking substantial returns and considerable upside potential. The combined 2023 gross profit exceeded $1.6 million. All information is provided by the seller
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palo Cedro
- County
- Shasta
- State
- California
- Longitude
- -122.238
- Latitude
- 40.5593
