Marathon Gas Station

4341 Franklin St, Michigan City, Indiana 46360

  • Property Subtypes Service Station/Gas Station
  • Building Size (RSF) 2,250 SF
  • Gross Building Area 2,250 SF
  • Building Name Marathon Gas Station
  • Building Status Existing
  • Sale Price $999,000.00 Total
  • Unit Price $444 per SF
  • Property Use Type Vacant/Owner-UserInvestment
  • Class of Space N/A
  • Total Land Size 29,620 SF
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 12/9/2018
  • Days on Market 316 Days
  • Status active

Overview / Comments

Marathon Gas Station. Totally rebuilt in 2005. 3 Tanks (12,000 reg: 4,000 prem. and 8,000 diesel) 4 pump islands (8 pumps). Convenience Store. High profile site on busy Franklin St. (July 2016) The Station is currently leased and the tenant has suggested the Gas volume is 500,000 gal/yr +/- and the C Store is ($360,000 ann)+/-. All supply contracts to the Station are the property of the tenant.

Additional Details

  • Tax ID/APN 460508426017000009
  • Zoning C-1 GENERAL COMMERCIAL
  • Property Visibility Excellent
  • Total Number of Buildings 1
  • Number of Stories 1
  • Year Built 2005-01-01 00:00:00
  • Year Renovated 2005-01-01 00:00:00
  • Tax Auth La Porte County

Additional Contacts

  • Secondary Contact:
    Belinda Schuster:
    158 S Napoleon St, Suite 106
    Valparaiso 46383
    (219) 309-9450 belinda@nwicre.com www.nwicre.com

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