74
$1,100,000 Sale
Listed 3 days ago
3702 W Elm Street IL
· 0
· 0
· -
· 2000
Key Facts
Key facts for 3702 W Elm Street IL
Property Type
Commercial
Parking
-
MLS #
12779644
Size
2000 sqft
Basement
-
Listed on
-
Lot size
-
Tax
$18,684.84 /yr
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
An exceptional opportunity to acquire a newly remodeled gas station and convenience store with significant future development potential, including a large rear lot, private boat launch, and boat dock, in McHenry, Illinois. This turnkey property combines a modern, fully upgraded fueling operation wit...h multiple potential revenue streams and valuable additional land that may offer opportunities for future expansion or development. The property has undergone extensive renovations and features brand-new DWFRP gasoline storage tanks, underground piping, underground electrical infrastructure, and upgraded Gilbarco fuel dispensers, providing a modern and efficient fueling operation. The property also features two separate retail storefronts, offering flexibility for multiple uses. The first storefront is dedicated to the gas station and convenience store, while the second provides an excellent opportunity for a sandwich shop, quick-service food concept, specialty retailer, or other complementary business, creating potential for additional rental or operating income. Adding to the property's appeal is its large rear lot with future expansion or development potential, as well as a private boat launch and boat dock, making this a unique opportunity that combines a traditional fuel and convenience business with valuable recreational and waterfront attributes. Approximately 18,000-gallon total fuel storage capacity 3,000 gallons - Premium gasoline 12,000 gallons - Regular gasoline 3,000 gallons - Diesel Gasoline supply agreement with a reputable distributor - 76 Brand Modernized equipment and fueling infrastructure Multiple potential revenue streams Attractive opportunity for an owner-operator or investor This is a rare and versatile investment opportunity offering an established gas station and convenience store, modern infrastructure, additional retail space, and substantial land, all in one property. The combination of fueling, retail, potential future development, and boating access provides a strong foundation for an owner-user, investor, or entrepreneur seeking to capitalize on the property's multiple income and growth opportunities.
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Listing courtesy of: Carnelian Realty Group

Listings courtesy of MRED as distributed by MLS GRID.