3307 Charles StRockford, IL 61108

For Sale
$800,000

Profitable Gas Station, Prime Location

Overview

Added:
Feb 3
Days on market:
39
This 1,820 sq ft gas station in Rockford, IL, presents a lucrative investment opportunity. The property features a triple-net lease with a 7%+ cap rate, ensuring a strong return. A well-established branded gas station with an experienced tenant operator is already in place, providing immediate income. The solid brick and cinderblock building boasts modern fuel pumps (regular, mid-grade, premium, and diesel), a convenience store, restrooms, and ample parking. Its high-traffic location near major stores and highways in a thriving Rockford community ensures consistent customer flow. Comprehensive security features and excellent accessibility further enhance its appeal. The spacious lot offers potential for expansion, such as adding a car wash or expanding the convenience store. This turnkey operation is situated near residential areas, schools, and shopping centers, attracting a diverse customer base. The property's strong location, established business, and growth potential make it an exceptional investment opportunity in a key Illinois urban center. The property is priced at $800,000.

Property Details for 3307 Charles St

Property type
Other commercial real estate
Square Feet
1,820 SF
Year Built
1962

Location Insight

City
Rockford
County
Winnebago
State
Illinois
Latitude
42.25667
Longitude
-89.04511
3307 Charles St, Rockford, Illinois

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3307 Charles St
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