$2,000,000
Sold

607 S Barranca Avenue

Covina, CA 91723
0.45 acres | #CV22046241
Listing OfficeBRIDGE REALTY
Type:Purchase
Structure:Commercial
Zone:Residential

Description

We are PLEASE TO INTRODUCE THIS MAJOR BRAND STATION (BUSINESS ONLY) FOR SALE
ASKING PRICE: $2,500,000
LOCATED IN BEAUTIFUL CITY OF COVINA, AND SURROUNDED BY MANY APARTMENTS, SCHOOL AND SHOPPING CENTERS
NEAR FREEWAY LOCATION WITH BEER AND WINE LICENSE
1,320,000 GALLONS OF GASOLINE AND DIESEL SALES LAST YEAR AT 45CT MARGIN
STORE $23,000/MO PLUS $10,000 PER MONTH IN LOTTERY
CAR WASH 95% completed will be delivered 100% operating. Approved-85 PRE APPROVED.
RENT: $11,000 / PER YEAR 3% YEARLY INCREASE
18YEARS LEFT ON MASTER LEASE,
SUPPLY AGREEMENT UP FOR RENEWAL IN 8 YEARS
5 DISPENSERS 3 PLUS 1 AND ABOUT 2.200 SF STORE
OPEN 5AM - 11Pm /7 DAYS WITH ROOM TO EXTEND HOURS OF OPERATION TO INCREASE SALES VALUME
DOR MORE INFORMATION
PRINCIPALS ONLY

  • Property Details
      • Acres0.4462
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1966
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,800,000
  • Other
      • MLS #CV22046241

Location

Anthony ElminoufiReal Estate Group