411 2nd St Kerens, TX 75144-2523

Property Details for 411 2nd St

Year built

1986

Lot size

0.55 lot acres

Property size

1,500 SF

Property type

Commercial real estate

APN

31557

APU

31557

Description

This 1,500-square-foot convenience store and gas station, located at 411 NW 2nd Street in Kerens, Texas (zip code 75144), is offered for sale at $800,000 ($533.33 per square foot). The property is currently operating at 100% occupancy as a single-tenant owner-user business. This presents a unique opportunity to acquire a turnkey operation with significant upside potential. The sale includes the building, fuel pumps, canopy, underground storage tanks (USTs), and all associated equipment. The property is unbranded, allowing the new owner complete flexibility in choosing fuel suppliers and product offerings. This provides a chance to tailor the store to the local market and maximize profitability by expanding product lines to better serve existing customers and attract new ones. The asking price is significantly below replacement cost, making this an attractive investment opportunity. The location in Kerens, Texas, offers tax benefits for both C-store business owners and real estate investors, including property tax deductions and depreciation benefits, which can enhance returns. The property is available for sale, or lease terms can be negotiated. This is an exceptional opportunity to acquire a well-established business and real estate in a favorable tax environment.