4 Chestnut StJefferson, OH 44047

For Sale
$575,000

Owner-user gas station & convenience store. High-traffic corner location.

Overview

Added:
Dec 11, 2024
Days on market:
91
This owner-user gas station and convenience store presents a compelling investment opportunity in Jefferson, Ohio. Located on a prime signalized corner at 4 South Chestnut Street, the property boasts exceptional visibility and high traffic counts, averaging over 7,000 vehicles daily. The 1,200 square foot building sits on a spacious 1.01-acre lot, offering significant potential for expansion into a larger convenience store to increase revenue streams. The property benefits from dual street access, maximizing exposure to potential customers. The existing BP branding provides immediate name recognition and market presence. The current fuel contract with Cross America Partners has less than three years remaining, presenting a strategic opportunity for renegotiation or rebranding. The property includes a 10,000-gallon underground storage tank constructed of double-walled fiberglass. Financial records (2023 register tape) are available for qualified buyers. This turnkey operation offers a strong value-add investment for an experienced operator seeking to expand their portfolio within the growing Cleveland MSA. The property's 100% occupancy ensures immediate cash flow. The asking price is $575,000, translating to $479.17 per square foot.

Highlights

  • High-visibility corner lot at 4 S Chestnut Street with dual street access.
  • 1.01-acre lot suitable for expansion.
  • Existing BP branding provides strong name recognition.
  • Fuel contract with Cross America Partners expiring in under three years.
  • 10,000-gallon double-walled fiberglass UST.
  • 2023 sales data available to qualified buyers.

Location Insight

City
Jefferson
County
Ashtabula
State
Ohio
Latitude
41.7378255
Longitude
-80.7697208
4 Chestnut St, Jefferson, Ohio

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4 Chestnut St
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