4459 CRISFIELD HWY
CRISFIELD, MD 21817
1400000
MLS Number: MDSO2002770
SqFt: 4712
Description
Gas Station, Convenience Store & Restaurant serving Diesel, Regular, and Ethanol-Free Gas. Over $1,875,000.00 in annual sales without selling Alcohol, Tobacco, or Lottery which are permitted but current ownership is not interested. Industry wide alcohol, tobacco and lottery sales account for 28%-35% of total sales which is huge potential upside for the next owner. Store, Kitchen, Coolers, Roof and Gas Pumps were redone/replaced in 2016. Significant improvement/repairs completed in 2023 to the UST's (see documents tab for scope of work completed). Four commercial units leased at $775, $600, & $600 with one being currently utilized as a dining room. Parking lot is scheduled for repaving in Spring. Current gas contract is with Gulf but for the right offer the owner can exercise a buy out option. Contact the listing agent for more information.