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    OFF-MARKET
    Gas stations

    217 Washington St, Albany, KY 42602-1225

    1,248 SF
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US34-0986083
    Property summary
    AI-generated overview

    This exceptional investment opportunity in Albany, Kentucky, presents a unique blend of commercial uses. Located at 217 S Washington St, this property features a well-established gas station and shop, complete with two gas pumps and one diesel pump, ensuring a steady stream of customers. The property also includes a versatile two-bay garage, equipped with insulated garage doors, two lifts, an office area, a stock room, and an air compressor, offering significant potential for expansion or diversification. Situated on a 0.14-acre corner lot in Clinton County, this property benefits from high visibility and easy accessibility, maximizing its commercial appeal. The asking price is $259,000 for this 1 square foot retail space. A video showcasing the property is available online. This is a rare chance to acquire a thriving business and prime real estate in a desirable location. The property is located within city limits, offering convenient access to local amenities and infrastructure. This is an ideal investment for entrepreneurs seeking a turnkey operation or those looking to expand their existing business portfolio.

    Property profile
    Verified
    Property type Gas stations
    Use group SERVICE STATION (FULL SERVICE)
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 1,248 SF
    APN 104-02-00-011.00
    UPID US34-0986083
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Albany Full Service Station INC · 7 yrs held
    Albany Full Service Station INC
    since 2019
    1 recorded transaction
    2019
    $105,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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