$4,750,000
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3,308 SqFt
SOLD DATE : 12/22/2022
Key Details
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,308 sqft
Price per Sqft $1,435
MLS Listing ID 98844874
Sold Date 12/22/22
HOA Y/N No
Year Built 1995
Lot Size 1.190 Acres
Acres 1.19
Source IMLS 2
Property 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.
Location
State ID
County Adams
Area New Meadows - 1920
Interior
Cooling Central Air
Flooring Concrete
Fireplace No
Exterior
Exterior Feature Paved Outside Area
Utilities Available Sewer Connected, Natural Gas Available
Roof Type Metal
Street Surface Paved
Accessibility Handicap Access
Handicap Access Handicap Access
Building
Lot Description 1 - 4.99 Acres
Water City Service
Structure Type Frame
New Construction No
Others
Tax ID RPM00000247240
Acceptable Financing Consider All
Listing Terms Consider All
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1101 W River St, Ste 340, Boise, ID, 83702, United States