Welcome to an exceptional investment opportunity in the heart of Alameda downtown – the rarely available ampm/ARCO gas station. This 1612 sqft Service Station Retail, nestled on a spacious 20540 sqft lot, boasts an enviable location at the bustling intersection of Park St and Encinal Ave (G1). This sale includes both the property and the business.
Positioned within a vibrant and high-traffic commercial area, this property offers an excellent investment prospect with remarkable potential. With a gross revenue of approximately $8.5M, this gas station presents a lucrative opportunity for a discerning investor seeking a profitable venture.
Moreover, its strategic positioning on a busy street ensures consistent foot traffic and visibility, contributing to its commercial appeal. The property's substantial value is further amplified by its redevelopment potential, opening doors to a variety of possibilities.
Convenience is paramount, as this gas station offers seamless accessibility to major freeways 880 & 580, enhancing its appeal to both local patrons and commuters. Its prime location and lucrative revenue stream make it an ideal investment with promising returns.
This property represents a rare chance to acquire a high-performing gas station in an in-demand location, promising not just immediate returns but also the potential for future development and expansion. Don't miss the opportunity to own a valuable piece of real estate in Alameda's thriving downtown area.