Description
High sales volume Chevron Gas Station, strategically positioned as the only gas station at the intersection of Highways 55 and 95 in New Meadows, the main north/south highway artery for the State of Idaho. Two other corners of this intersection are deed restricted to prevent competition. Includes a 2,908 sf convenience store plus a drive through/sit down A&W Restaurant. Four double sided fuel pumps under canopy can service 8 cars at once plus a separate RV/Truck diesel island that serves two. Total fuel sales of 942,000 gallons in 2021. Five fuel tanks with 60,000 gallon total capacity. A .98 acre fully paved site with an additional .21 acre adjoining lot included, ideal for a future electric car charging area. Outdoor dining deck and picnic area. Architecturally designed building with 400 sf office upstairs. Clean environmental bill of health. Offered at an 11.6% CAP RATE and 8.6 times Net Income for 2021.
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0BEDS
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1.19ACRES
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0BATHS
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01/2 BATHS
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3,308SQFT
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$0$/SQFT
School Ratings & Info
Courtesy of Crawford Olson Real Estate Services.Description
High sales volume Chevron Gas Station, strategically positioned as the only gas station at the intersection of Highways 55 and 95 in New Meadows, the main north/south highway artery for the State of Idaho. Two other corners of this intersection are deed restricted to prevent competition. Includes a 2,908 sf convenience store plus a drive through/sit down A&W Restaurant. Four double sided fuel pumps under canopy can service 8 cars at once plus a separate RV/Truck diesel island that serves two. Total fuel sales of 942,000 gallons in 2021. Five fuel tanks with 60,000 gallon total capacity. A .98 acre fully paved site with an additional .21 acre adjoining lot included, ideal for a future electric car charging area. Outdoor dining deck and picnic area. Architecturally designed building with 400 sf office upstairs. Clean environmental bill of health. Offered at an 11.6% CAP RATE and 8.6 times Net Income for 2021.
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