4459 Crisfield Hwy Crisfield, MD 21817

Property Details for 4459 Crisfield Hwy

Year built

1974

Lot size

1.15 lot acres

Property size

1,216 SF

Zone code

I-1

Property type

Grocery and convenience stores

APN

08-153558

APU

8153558

Description

This 4,712 sq ft gas station and convenience store in Crisfield, MD, presents a unique investment opportunity. Operating as a Gulf Gasoline franchise since 1990, it offers diesel, regular, and ethanol-free fuel. The property boasts a full-service convenience store with a carry-out option and the potential for a restaurant. Significant renovations were completed in 2016 and 2023, including a new roof, pumps, coolers, and kitchen upgrades. The 1.15-acre lot includes four commercial units, three currently leased at monthly rates of $695, $750, and $700, with one used as a dining area. The property benefits from its prime location as the first convenience store entering Crisfield, serving a growing economy and a large tourist population from nearby Janes Island State Park. Annual sales averaged over $1,500,000 pre-COVID, without selling alcohol, tobacco, or lottery products. Recent improvements include renovated underground tanks (100% compliant, iron with fiberglass coating) and a repaved parking lot. The PNG contract with Gulf runs through 12/31/2025, with an owner option to terminate. This turnkey operation offers substantial income potential and strong long-term prospects. The property is classified as Class B, with a single-story building and permitted commercial zoning.