4459 Crisfield Hwy - Convenience Store FOR SALE


Crisfield, MD 21817
$799,000 USD
410-543-2420
4459 Crisfield Hwy, Crisfield, MD for Sale
$799,000 USD
Convenience Store - FOR SALE
1/21
null | Request Cap Rate

Feb '26


4459 Crisfield Hwy
Crisfield, MD 21817


HIGHLIGHTS

  • Convenience Store, Gas Station& Deli
  • Upside Potential - Sales were $1,065,000 in 2024 without selling alcohol, tobacco or lottery
  • Additional land available for expansion and possible outside or mini-storage

OVERVIEW

Gas Station, Convenience Store, & Restaurant.   3 commercial rental units for additional income.    Tremendous upside potential as the current owner does not sell tobacco, alcohol or  lottery.    Located on Crisfield Highway - all traffic heading to or from Crisfield passes this location.   Full service convenience store/gas station offering hot and cold beverages, chips, grocery items, ice, propane and bait and tackle.    There is adjoining space that could be sit down restaurant or expanded area for beer and wine coolers.   Kitchen/Deli offers a full menu including fried chicken, hot and cold subs and sandwiches, daily specials and Smith Island Cakes.    All equipment included.  Tremendous upside potential. 2024 sales were $1,065,291 without selling tobacco, alcohol or lottery. The convenience store has a new roof (2020) and was recently repaved. The gas canopy and 2 double sided pumps were redone/replaced in 2016. The tanks are 100% in compliance and are iron tanks with a fiberglass coating with a 50-60 year life.  New tank sump pumps 2022. MDE letter available.  Set up to sell Diesel, Regular and Ethanol Free Gas. Current contract expires 12/31/2025 - perfect timing for a new operator to secure a new contract. Electric hook-up in the side parking lot could be utilized by a snow cone or ice cream truck for additional income.  Includes 3 commercial rental units that have been updated and well taken care of bring in $25,500 annual income. Total land area is 1.15 acres and 4,712 square feet of improvements.  Additional land area of 1.42 acres is available directly behind the store.   This gives access to Old State Road, which is heavily travelled by locals.  Potential for financing to cover the down payment. $250,000 Federal Tax Credit that will move over to a new owner if the purchase the property as a LLC. Financials available with a signed Confidentiality Agreement.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$170 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Hoyt Harbor Convenience Store & Gas Station

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

Lt. Industrial

APN/PARCEL ID

08-153558

ASK ABOUT THIS PROPERTY

Flo BrotzmanSVN | Miller Commercial Real EstateMore Info
410-543-2420

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Flo BrotzmanSVN | Miller Commercial Real EstateMore Info
410-543-2420

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