Unbranded Gas Station With Property For Sale In Sussex, New Jersey

Unbranded gas station in Stanhope, New Jersey, with repair shop for sale with property. The seller is willing to finance a quick transaction with $500k down and a rate way below market. The station is being sold with no fuel contract attached and could be with or without the tenant in the bays. The current tenant in the bays is only $2,000 due to the tenant being friends of the family and having been there already for over 8 years. The seller runs the fuel, which is currently pumping over 60,000 gallons a month at a very high margin. This station is the only gas station on the right-hand side of this busy road that has constant local traffic that keeps this station very busy. The property is clean with no environmental issues reported or on file with the state of New Jersey. The 3 (8k) tanks were installed in 1994 and are double-walled fiberglass; also updated in 2017 were all the piping and islands of the station. The seller has listed the property for $950,000 with seller financing available with $500k down and all the terms to be discussed. This repair shop could be turned into a convenience store for under $60,000 that includes the storefront, interior walls, floor, and ceiling tile. There is no store in the area and would due extremely well here; that was the seller's original plan when purchasing property. The station will be delivered with no fuel contract and free and clear of the tenant in the bays if you want. The buyer could also operate the bays, which have been doing well here for over 8 years; the choice is yours. Make an offer.