100 E Clark Ave - Service Station FOR SALE


Santa Maria, CA 93455
$5,000,000 USD
661-444-5196
100 E Clark Ave, Santa Maria, CA for Sale
$5,000,000 USD
Service Station - FOR SALE
1/3
null | 9.44% Cap Rate

100 E Clark Ave
Santa Maria, CA 93455


OVERVIEW

Marcus and Millichap are pleased to have been chosen to Exclusively Represent for Sale this well-established Phillips 66 Branded Gas Station and C-store. Located in downtown Orcutt (near Santa Maria), California at 100 E. Clark Avenue which is a lighted intersection at the SEC of E. Clark Avenue and S. Broadway Street. This is a busy, well- travelled lighted corner. Both the Bulk Business Opportunity and the Real Property are for sale in this offering. This is a high revenue performing business with a strong established business history. There is the potential to increase revenues through increasing the C–Store, add a kitchen, Soda Fountain, Beer & Wine, Check cashing, lottery sales, etc., etc. The Income limitation is the one you create in your mind. SIBKIS – See it BIG, Keep it Simple. Gas Stations and Convenience Stores are in high demand due to the profitability and margins, coupled with a low supply of available stores and properties available for purchase. Adding to the value is the second building located at 120 E. Clark Avenue. This building could generate rental income or be part of a C-Store conversion plan!? The possibilities are endless. This is a great opportunity for an Owner /Operator or possibly a Net Leased Tenant due to its location . An affordable investment with a High Cap Rate return and a lot of options and upside available TO YOU!!!

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$1,846 USD /SF

CAP RATE

9.44%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

OT-R-14/GC

APN/PARCEL ID

105-092-001

ASK ABOUT THIS PROPERTY

Bruce BarnhardMarcus & MillichapMore Info
661-444-5196

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Bruce BarnhardMarcus & MillichapMore Info
661-444-5196

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.