Shutdown Gas Station Property in Opelika, AL!

Opelika, AL
Lee County


Asking Price: Annual Revenue:
$799,000 Not Disclosed

Automotive & Boats: Gas Stations


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RE: Shutdown Gas Station Property in Opelika, AL! Broker: Kavita Purohit

Quick Facts

Asking Price: $799,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 588733274
Broker Reference #: Not Disclosed

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Business Overview:

Shutdown Gas Station Property with Appraisal Value Greater than Asking Price! Prime Interstate Location! Average daily traffic count of 35,475!

Recent 2020 Appraisal of JUST the Property with ZERO business value for $810,000! Property was Appraised WITH the Business in 2014 at $1.14M!

Property was leased to a 100% Absentee, American tenant with no retail experience whatsoever. Previous tenant relied on employees and ran the business to the ground to subsequently shut it down.

Business was sold to the previous tenant when it was doing $60,000 inside sales and 20,000 gallons outside with ATM / U-Haul / Car Wash Rental that generated a significant take home of $14,000 net profit per month!

Store used to sell premium "ethanol-free" gas which attracted a substantial repeat customer base.

Pumps and Tanks have been inspected after being shutdown! The Tanks are temporarily closed to avoid any violations. If reopened as a Gas Station, there is a 4-year jobber contract with PetroSouth remaining. If not, the tanks can be permanently closed. Buyer can reopen the Property as either a Gas Station, Fast Food Restaurant, or Liquor Store!

The Building has two entrances which allows for one entrance to a convenience store and one entrance to a liquor store in the same building with a small divider in between! The State of Alabama allows a business to have One Cashier to manage both the liquor store and convenience store as long as there is a makeshift divider!

City of Opelika allows liquor sales until 2 AM! Surrounding factories have a shift that closes at 11 PM! Only one liquor store competitor at the exit which closes at only 11 PM! Huge Opportunity to capture those liquor sales for the surrounding factories and hotels while also providing significant convenience store income!

Almost an acre of land! Building is 1,800 square feet! Property includes a Car Wash building that is currently used for storage!

Located off I-85! Very Busy Exit! Extremely High Traffic Count of 35,475!

15 mins to Auburn, AL! 30 mins to Columbus, GA! 1h 30 min from Atlanta, GA!

Nearby Auburn University with over 31,500 students enrolled! Also near a community college, medical center, and distribution center with over 250 employees. Surrounded by 7 motels and 8 factories! Part of Alabama’s second-fastest-growing county!

Asking Price for the Property: $799,000! Appraisal Value without Business as of 2020 was $810,000! 2014 Appraisal with Business was $1.14M!

After visiting the property, please contact us to discuss or make an offer.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Market Competition and Expansion:

Nearby Auburn University with over 31,500 students enrolled! Also near a community college, medical center, and distribution center with over 250 employees. Surrounded by 7 motels and 8 factories! Part of Alabama’s second-fastest-growing county!

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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