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51 Well Ln
Fort Gaines, GA 39851

$1,799,000 USD

Service Station For Sale  •  5,102 SF

Property Details

  • Property Type Service Station
  • Total Building Size 5,102 SF
  • Lot Size 13.26 AC
  • Building Class C
  • Year Built 1970
  • Cap Rate 10.67 %
  • Tenancy Single
  • Zoning 002
20 Walk Score

Description

Key Financials:

Combined Inside Sales are $65,000 per month! C-Store Inside Sales are currently averaging $42,000 per month at 30% margin! Liquor Store Sales are currently averaging $23,000 per month at a 25% margin!

Property is THIRTEEN acres and includes a Three Bedroom House! 

Gas Sales average approximately 7,000 gallons per month with an average margin of 30 cents per gallon!

Game Machine commission is $5,000 per month! COAM contract has 6 years remaining.

Lottery Commission averages $3,000 per month!

Net profit is over $16,000 per month AFTER paying $5,833 in Payroll and all other expenses! Owner-Operator can take home over $21,000 per month!

Store Information:

A 3-bedroom, 2-bath mobile home is also located on the property, offering potential use as an owner’s residence, manager’s residence, employee housing, or rental income!  

Huge property totalling 13.26 acres! 

Excellent opportunity for future expansion or additional commercial and recreational development, subject to zoning, permitting, and access!

Potential opportunity to develop a boat rental business or other lake-oriented recreational uses on the property!

Property is serviced by an on-site septic system, eliminating dependence and potentially reducing monthly sewer expenses!

The large acreage provides significant flexibility for additional business concepts, storage, parking, recreational uses, or future development!  

Geographic & Demographic Details:

Located in Fort Gaines, GA, near the Georgia-Alabama state line!  

The property is positioned near Lake Walter F. George, also known as Lake Eufaula, creating potential to attract boaters, tourists, and recreational visitors!

Nearby lodging options include George T. Bagby State Park accommodations, lakefront cabins and vacation rentals!  

Close-proximity to hotels like Quality Inn & Suites near Lake Eufaula, Hampton Inn Eufaula, Comfort Suites Eufaula North, Super 8, and Days Inn!

Popular nearby restaurants such as The Cajun Corner, Phil’s BBQ, and Doughnut King attract local customers!

Nearby Clay County Elementary School and Clay County Middle School, supporting regular local family, employee, and school-related traffic!

Surrounding residential demand includes established homes, lakefront residences, vacation properties, and local communities such as Greenwood Village and Pepper Ridge II Apartments!  
Located in Georgia with game machines and lottery at the Alabama-Georgia border! Alabama does NOT have game machines or lottery!

Approximately 30 minutes from Eufaula, AL!  1 hour from Dothan, AL! 1 hour and 20 minutes from Albany and Columbus, GA!

Asking Price for the Business and Property is $1,799,000 plus inventory!

If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com

Highlights

Property is THIRTEEN acres and includes a Three Bedroom House!
Game Machine commission is $5,000 per month! COAM contract has 6 years remaining.
Combined Inside Sales are $65,000 per month!
Cap Rate: 10.67 %

Public Transportation

AirportDriveWalkDistance
Dothan Regional 63 min - 41.3 mi
Kavita Purohit 770-664-9999 River Brokers
Kavita Purohit 770-664-9999 River Brokers