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150 Mountain Blvd 1,380 SF Retail Building Mount Vernon, OR 97865 $824,757 CAD ($597.65 CAD/SF) 16% Cap Rate
INVESTMENT HIGHLIGHTS
- Above ground Tanks and updated pumps
- Room to expand
- Located at the intersection of two highways
EXECUTIVE SUMMARY
Prime Commercial Opportunity - 76 Gas Station & Convenience Store at High-Traffic Corner Exceptional visibility and access at the intersection of Hwy 26 and Hwy 395. This offering includes the real estate and personal property associated with the gas station and convenience store. The business is currently not in operation, presenting a turnkey opportunity for a new owner to re-open and expand. Key Features: Above-ground 6000 gallon fuel tanks, 2 pumps, 6 Nozzles replaced in 2024 as well as a new pump canopy, New point-of-sale system and cash register, Eight small coolers plus one walk-in 8' x 20' cooler with brand-new compressor, ice cream freezer. Seller reports 2024 gross revenue just over $1.2 million, with higher figures in prior years, Excellent potential for operator to revitalize and grow location into a highly profitable enterprise. Owner says will finance with 50% down at 6%
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,380 SF
Building Class
C
Year Built
1970
Price
$824,757 CAD
Price Per SF
$597.65 CAD
Cap Rate
16%
NOI
$131,961 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.61 AC
Zoning
Commercial 201 - Gas Station and Convenience store and use to be a auto repair business on the property
Frontage
80’ on Mountian BLVD/US HWY 395
AMENITIES
- 24 Hour Access
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Vacant/Owner
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Vacant/Owner | - | - | - | - |
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150 Mountain Blvd
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