Gas Station w/ Home & Rentals in Gladwin, MI – $1.5M – Multiple Income Streams
Executive Overview
Key Investment Highlights
- •Prime Gladwin County location with high visibility and accessibility
- •Includes a spacious 2,500 sq ft convenience store and a four-bedroom residential home
- •Nine studio apartment rental units on over 4 acres, providing reliable rental income
- •Modern double-walled fiberglass fuel tanks (15,000 gallons, replaced in 2000) and four updated gas pumps
- •Consistent cash flow from lottery commissions ($20,000/year), ATM revenue ($400/month), and gasoline sales (12,000–15,000 gallons/month at $0.25 margin per gallon)
Established in 2000, this gas station has become a cornerstone of the local community, attracting steady foot traffic and loyal customers. The convenience store is fully equipped and holds a valuable liquor license, further enhancing its income potential. The expansive property spans over 5 acres, accommodating not only the retail and fueling operations but also a comfortable four-bedroom home—ideal for an owner-operator or as an additional rental asset. The nine studio apartment units, positioned on a separate parcel of over 4 acres, offer long-term rental income independent of the primary business.
This business features robust infrastructure, including modern fuel storage and dispensing systems, ensuring regulatory compliance and operational efficiency. With stable in-store and fuel sales, supplemental income from rental and commission streams, and all assets included in the sale, this turnkey opportunity is perfectly positioned for continued growth. Prospective buyers are encouraged to inquire for further details and to seize this rare chance to secure a multifaceted investment in a thriving Michigan community.