620 7th St Hanford, CA 93230-4564
- Grocery and convenience stores
- 2,173 SF
- 0.27 lot acres
Current Use by Public Records
- Valero Food Shop / Gas Station / Convenience Store
- Valero Food Shop de jerardocervantes / Convenience Store
- Shell Food Mart / Gas Station
- Coinflip Bitcoin ATM / Business To Business Service / Commercial Agent
Property Details for 620 7th St
- Year built
- 1996
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.27 lot acres
- Property size
- 2,173 SF
- Zone code
- CC
- Property type
- Grocery and convenience stores
- APN
- 012-061-009-000
- APU
- 12061009000
Description
This established Hanford, CA, convenience store and gas station is offered at $695,000. Boasting 2,173 square feet, it includes a gas station, food shop, liquor store, and C-store. The business generates monthly gross sales between $55,000 and $60,000, with a 30% margin. Fuel sales average 30,000-35,000 gallons monthly, adding significant revenue at 30 cents per gallon. The property operates daily from 5:00 AM to 11:00 PM, employing three staff members. A 14-year lease remains, expiring July 31, 2038, with a monthly rent of $4,500. Located at 620 W 7th St, Hanford, CA 93230, this single-story building presents a strong, income-generating investment opportunity for owner-operators or investors seeking a turnkey operation in a prime location. The business's consistent performance and long-term lease provide financial stability and a clear path to profitability. This is a rare opportunity to acquire a well-established and successful business in a thriving market.
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
- Hanford
- County
- Kings
- State
- California
- Longitude
- -119.655
- Latitude
- 36.3255
- CBSA code
- 25260
- CBSA name
- HANFORD-CORCORAN, CA METROPOLITAN STATISTICAL AREA
