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11001 County Road 59 2,500 SF 100% Leased Retail Building Verbena, AL 36091 $733,935 CAD ($293.57 CAD/SF)
Investment Highlights
- Operational gas station and convenience store with significant fuel storage capacity.
- Strategic placement along a primary route to Lake Mitchell ensures consistent seasonal and local traffic.
- Attached three-bedroom, 2.5-bath living quarters provide seamless owner or manager occupancy option.
- Upgraded pumps installed in 2021 with full 24-hour access for customers.
- Additional standalone building offers potential for food service or supplementary retail operations.
- Public water and septic system in place on a 1.6-acre lot with metal roofing and durable construction.
Executive Summary
This prime investment opportunity sits on 1.6 spacious acres at a high-visibility intersection in Verbena! Perfectly positioned for high traffic, the property is located on one of the main access roads to the popular Lake Mitchell, ensuring a steady stream of locals and weekend travelers. Commercial Highlights: Operational Gas Station: A full-service convenience store featuring high-capacity fuel storage: 10,000 gal Regular, 6,000 gal Non-Ethanol, and 6,000 gal Premium. Upgraded Infrastructure: New pumps installed in 2021 with 24-hour customer access. Lake-Ready Amenities: Fully stocked with fishing bait and an air station, catering perfectly to the Lake Mitchell boating and fishing community. Bonus Building: A separate, standalone building offering additional revenue and food options. The Residence: Enjoy a seamless work-life balance with a 3-bedroom, 2.5-bath living quarters attached directly to the main building. This spacious home provide living for owner or manager.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
2,500 SF
Building Class
C
Year Built
1981
Price
$733,935 CAD
Price Per SF
$293.57 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.04
Lot Size
1.60 AC
Zoning
C - Commercial
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 1806240000001002 | Improvements Assessment | $33,973 CAD |
| Land Assessment | $7,553 CAD | Total Assessment | $41,525 CAD |
Property Taxes
Parcel Number
1806240000001002
Land Assessment
$7,553 CAD
Improvements Assessment
$33,973 CAD
Total Assessment
$41,525 CAD
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11001 County Road 59
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