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607 S Barranca Avenue

Covina, CA 91723
  • $2,400,000
  • STATUS: Active Under Contract
  • ON SITE: 720 Days
  • ID#: CV22046241
Under Contract
$2,400,000
  • 0
    BEDS
  • 0.45
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1966
County:
Area:

School Ratings & Info

Listing Agent(s): Ghydan Rabadi of BRIDGE REALTY (818-512-7763)


Description

We are PLEASE TO INTRODUCE THIS MAJOR BRAND STATION (BUSINESS ONLY) FOR SALEASKING PRICE: $2,500,000LOCATED IN BEAUTIFUL CITY OF COVINA, AND SURROUNDED BY MANY APARTMENTS, SCHOOL AND SHOPPING CENTERSNEAR FREEWAY LOCATION WITH BEER AND WINE LICENSE1,320,000 GALLONS OF GASOLINE AND DIESEL SALES LAST YEAR AT 45CT MARGINSTORE $23,000/MO PLUS $10,000 PER MONTH IN LOTTERYCAR WASH 95% completed will be delivered 100% operating. Approved-85 PRE APPROVED. RENT: $11,000 / PER YEAR 3% YEARLY INCREASE 18YEARS LEFT ON MASTER LEASE,SUPPLY AGREEMENT UP FOR RENEWAL IN 8 YEARS 5 DISPENSERS 3 PLUS 1 AND ABOUT 2.200 SF STOREOPEN 5AM - 11Pm /7 DAYS WITH ROOM TO EXTEND HOURS OF OPERATION TO INCREASE SALES VALUME DOR MORE INFORMATIONPRINCIPALS ONLY

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-27T00:27:34.067. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/126508302
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607 S Barranca Avenue Covina, CA 91723

  • Price: $2,400,000
  • Status: Active Under Contract
  • On Site: 720 Days
  • ID#: CV22046241
0
Beds
0
Baths
0
½ Baths
0.45
Acres
1966
Built
Neighborhood:
614 - Covina
County:
Los Angeles
Area:
614 - Covina
Property Description
We are PLEASE TO INTRODUCE THIS MAJOR BRAND STATION (BUSINESS ONLY) FOR SALEASKING PRICE: $2,500,000LOCATED IN BEAUTIFUL CITY OF COVINA, AND SURROUNDED BY MANY APARTMENTS, SCHOOL AND SHOPPING CENTERSNEAR FREEWAY LOCATION WITH BEER AND WINE LICENSE1,320,000 GALLONS OF GASOLINE AND DIESEL SALES LAST YEAR AT 45CT MARGINSTORE $23,000/MO PLUS $10,000 PER MONTH IN LOTTERYCAR WASH 95% completed will be delivered 100% operating. Approved-85 PRE APPROVED. RENT: $11,000 / PER YEAR 3% YEARLY INCREASE 18YEARS LEFT ON MASTER LEASE,SUPPLY AGREEMENT UP FOR RENEWAL IN 8 YEARS 5 DISPENSERS 3 PLUS 1 AND ABOUT 2.200 SF STOREOPEN 5AM - 11Pm /7 DAYS WITH ROOM TO EXTEND HOURS OF OPERATION TO INCREASE SALES VALUME DOR MORE INFORMATIONPRINCIPALS ONLY
Property Features

Additional Parcels YN No Business Type Gas Station Listing Agreement Exclusive Right To Sell



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-27T00:27:34.067. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Ghydan Rabadi of BRIDGE REALTY (818-512-7763)