Buying Old Gas Station Property | 415 South Truck Stop
Injecting substances that speed natural processes is another way of accelerating degradation. This means many of the former stations from the Century of the Car have been closed in the last couple of decades, and they all probably have contamination issues. Tweet me @SarahVolp. So any type of business that we get to come into the village can't hurt, " the mayor said. Cleaning it up can mean a lot of things. In reporting, this is what they call "burying the lead"). However, if the contamination is a long way down, it can be really expensive to dig it out, especially on an urban lot. New pumps have been installed! This is because former gas stations are almost always considered contaminated sites.
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Brownfields are abandoned or underutilized real property, the expansion, redevelopment, or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant. Activity and Use Limitations. Built in July 2021, Lease - 20+10 years, Rent - $12, 000 + Property Taxes - $1, 500.. The sites here, one in La Rue and one in Claridon Township, have been sitting idle for years, despite some interest from developers. What Environmental Issues Might Lurk Underground? Its in Massachusetts if that matters, would you buy if the price is right? High margin Gas station right off of a busy exit on I-59. If there was continued cleanup, again we probably wouldn't get involved until it was resolved. A potential small business owner/seller asks the question: I have a preschool and am thinking about selling it but my lease is ending soon. Manassas, VA. Landlord offering a Great Business Opportunity, Gas Station, Convenience Store. 00Asking Price: $34500. In this Discussion, we define financing options available to potential restaurant buyers when purchasing a small to mid-sized restaurant business (with or without real estate).
Buying a gasoline station is a little more complicated than buying other commercial property. The liability is also joint and several, meaning that liability for contaminants can be imposed regardless of relative contribution, including merely purchasing a property. Are those extra services and equipment part of the sale? Purchasing Decommissioned Gas Stations. One of the easiest and most cost effective ways to reuse these sites would be to tweak their original use by turning them into alternative transportation fueling sites. "The level of contamination generally wouldn't affect the rate. "With a history of contamination, it would affect more than the rate. Last year, for example, Imperial Oil spent almost $150-million on remediation that led to the sale or lease of 57 properties.
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The liabilities associated with petroleum products pose hazards in the form of impacted water supplies, contaminated surface water bodies, and explosive or toxic vapors. This C store and Deli are turnkey, profitable businesses! Some replies cover: brick and mortar vs. mobile, licenses & certifications, maintaining and growing a clientel, etc. The same owner has... C-Store/Gas Station w/multiple source of income - 849666 AS. Established C-Store w/Exxon Branded Gas & Deli - 767066 - AS. Though most market participants agree some discount may be in order for contaminated or stigmatized sites, the results of our studies are surprising. 5 mins from a middle school with over 340 students! In at least two of the three locations that I have dealt with, the reports had information relating to remediation at the sites. Most retail property environmental site assessments are conducted at the time of a transaction. This traditional 7-11 averages $222, 000 Plus growing in store sales per month, 135, 000... Gas station with bays & C store.
I am an experienced entrepreneur, attorney, & business professor. 00 pool margin, Kiosk Sales - $15, 000 monthly @35% markupExpress Car Wash - $30, 000 @90% size - 14, 000 sq ft, Double Walled Tanks & double walled linesSBA QUALIFIED WITH 20% DOWN... Less. A second factor is that there are far fewer gas stations today than there were 40 years ago. Asset purchase agreement language can clearly define responsibility for future actions. Excellent business opportunity for a owner/operator. This often involves excavation, vapor mitigation and/or other remediation techniques, long term monitoring, engineering controls, and deed restrictions. Many buyers are reassured by the provision of the environmental report. This makes sense, when you think about it. Of course I'll talk with a lawyer, water quality folks, and so on before I commit to anything. This could mean developing bio diesel fueling stations, recharging stations for hydrogen fuel cells or electrical hookups to recharge electrical cars. The station's been closed for several years now and the developer of the half a dozen homes being constructed right now claims that the previous owners of the property went through an extensive remediation with the city. Developed with the assistance of Hemmera, the current owner receives property tax breaks until it starts a high-density, mixed-use commercial and residential development. These companies have a lot of assets, and are in no big rush to divest themselves of fiddly little assets like a block of City land.
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Why sellers have trouble with former gas station locations. There may be deteriorated fittings such as rubber boots and gaskets around piping and tubing. Located an hour from Richmond International Airport on route 460... $249, 000. Based consulting firm with extensive remediation experience. Relatively Short Term Fuel Supply Contract4.
This is a beach Location Inside Sales margin are high. Therefore, the affected facility may be unaware of its lease obligation, or there may be several organizational layers between the operating location, its headquarters, and the landlord. I even have a potential renter who wants to run it as an auto shop. Not all of these questions are readily apparent and could be a potential red flag lurking beneath the surface. Major Brand Gas Station with snack shop and car wash for sale in Alameda County, CA. CITGO Branded Gas Station w/Bays - 775762 - DG. This business also receives rental income! Well-established 7-Eleven Convenience store located in an excellent high-density residential area. If ongoing monitoring was only thing left, we might charge an extra half point as we would also need to continue monitoring to make sure nothing else went on. Service station properties can be a highly lucrative choice for those looking to buy for commercial purposes, but there are many things which need to be taken into consideration when either buying or selling a service station property. Peter Siegel, MBA (BizBen ProBuy, ProSell Program Advisor) explores this topic and other helpful strategies on buying a dry cleaning store.
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Chuck Post hosts these live FREE online webinars on Buying A Card or Coin Laundry. Unbranded C-Store with Gas in Giles County, VA - 141921 AS. Alternately, in most cases the contamination will not last forever. Another thing to take into consideration when planning UST system upgrades is whether the entire system will be done at once or over time. RSVP or for more info phone Chuck at 619-227-5711 direct.
The property also includes an approximately 1700 sq ft living space with 4 bedrooms, 2 baths and attached 4+ stalls of garage space. Dave Trumpie is the managing photographer for Capital Gains. Why Purchasing a Property Poses an Environmental Risk. Despite these recent successes, however, thousands of sites remain vacant, including many in high-profile locations in established neighbourhoods where land for mixed-use development is at a premium, Mr. Quandt says. For example, between 2009 and 2013, the B. C. government "released $7. The store consists of approximately 3000 sq ft of retail space offering some grocery, snacks, bait/tackle, gas, and a wide variety of tools, parts, nuts & bolts, plumbing parts, electrical parts, and more! "…willingness to loan would be based on if the contamination had been cleaned and certified as such, or the credit history of the borrower was strong. The rent for the property is $4, 800 per month, and we have an additional source of income from an ATM and air machine, bringing in approximately $600 per lease for the property has a 5-year term with a 10-year option available, giving a new owner flexibility in the length of their commitment.
This is because the Environmental Protection Agency (EPA) oversees the remediation efforts of contaminated properties. 1M Quick sell only $1.
Major Roads: IH110; US61; LA19; Freeway_Exit: I-110 Exit US61 North. The free app is available today for virtually any mobile device due to its HTML5 versatility. Services are added, dropped or altered. LA19 use Thomas Road west 1 mile to US61. All "truck stop" results in Baton Rouge, Louisiana. Find More Properties. Category: Truck Stops. Total Votes: 0 Rating Average: 0 You can Vote here. Now you can get all of the great Truck Stops and Services search features right on your mobile device, even without an internet connection!
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We've Got An App, And It's Great! LA 1 South Casino & Truck Stop Review. Video surveillance shows that around 10 p. m. on Thursday a fight broke out between three men at the I-10 truck stop in Grosse Tete, just west of Baton Rouge, The Advocate reports. Address3195 La Hwy 1 S. Phone+1 (225) 749-0500. Our Lady Of The Lake Regional Medical Center. Female tiger to the exhibit (by the way, this is not the.
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People inside the store were seen on surveillance video ducking for cover as stray bullets shattered windows and hit several cars parked outside. TruckDown lists Vendor services ranging from Major Truck Repair Facilities, Heavy Duty Towing, Trailer Shops, Truck Stops, A/C to Welding, Truck Friendly Motels, Scales and many other services essential to keeping fleets moving safely and on time. Chevron fuel available. You can tell your friends you saw a TIGER! St. Joseph'S Academy. Too many reports selected.
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Truck Stop, I-10 EB, Exit 153. Hours not available. The shooters "didn't take into consideration that innocent bystanders could be hit, " Stassi said, adding that bullets were lodged in several cars at the scene. We are totally committed to strengthening our number one position in the industry through: * Exceptional customer service to enhance our outstanding image and reputation with the professional driver; * Superior quality of personnel and equipment; * Selection of the highest quality of locations that stress quality of service and commitment to the customer. Call us at (225) 775-0069. Southern University. What did people search for similar to truck stop in Baton Rouge, LA?
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Be the first to add a review to the Mr Lucky's Truck Stop. GROSSE TETE - A gunfight outside the Tiger Truck Stop along I-10 caused pandemonium at the gas station and left one person dead Thanksgiving night. Sorry folks, this is as racy as it). By using this Web site, you are agreeing to comply with and be bound by its terms of use. The food there was made to order and did not disappoint. Hot meals served in store. Inclusion in this database is Optional. Services are also available. We will ensure that weighing on a CAT Scale will continue to be the #1 choice for the professional driver.
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Police say 40 rounds were fired, forcing nearly a dozen bystanders to run to safety. Deputies called to reported stabbing at Capitol Middle. They also double check to see if you have enough time for them to cook it since they know some people who stop here are in a rush.
Quick Transport Solutions, Inc. 11501 Dublin Blvd. Pete Maravich Assembly Center. Small town raises thousands of dollars for 91-year-old who lost everything in... 2 Make a Difference: American Heart Association & Go Red for Women... Sports Video. Food/Dining options: Snack / Coffee Bar available. QuickTSI is your one-stop-shop for everything you need to run your transportation and freight logistics business. Also there's not much room at the pumps, if you have to wait behind another truck. Late Friday afternoon, the Iberville Parish Sheriff's Office said Timothy Washington, 42, was identified as the third person involved in the shootout and taken into custody. Our website allows you to post loads or find trucks, post trucks or find loads, look up carrier profiles, view trucking companies, find truck driving jobs, and DOT medical examiners. HighwayInterstate 10. All rights reserved. The inside of the store gets 5 stars, for the coffee alone.