Washington Way Shell:   Real Estate and Business For $745,000


Key Offering Points

  • The offering is a turn-key operation for the real estate and business
  • Station has been owned and operated by an out-of-state jobber since 2006
  • The facility was a ground-up build in 1997 and is in excellent condition
  • Facility was appraised in 2006 for $1.29 million
  • The jobber-seller and buyer to enter into a new supply agreement
  • Buyer to conduct all due diligence at buyer's cost
  • All personal property inside the convenience store is part of the sale, except for any vendor-owned equipment
  • Inventory is not included in the listing price

Operating Information

  • Fuel volumes average 65,000 gallons per month at a margin of 15¢ per gallon
  • Convenience store sales average $55,000 per month at a margin of 21%
  • Buyer must make their own projections and estimates of most operating expenses

Location Overview

  • Site is on the north edge of downtown Longview at a signalized intersection on a heavily traveled road
  • Washington Way is a main connecting road between Interstate 5 and downtown Longview
  • There is extensive single-family residential development to the west
  • Traffic counts on the adjacent right of ways are higher than 26,000 vehicles per day
  • Longview is an important industrial city along the Interstate 5 corridor and the Columbia River


Copyright © 2008-2011, Petroleum Realty Advisors, Inc.