Asking Only $279k! Shutdown Gas Station Property in Pontotoc, MS! Asking Less than Appraised Value!

Shutdown Gas Station with Property in Pontotoc, MS! New Pumps and Canopy!

Appraised for $807,000 as a going concern in 2022! Appraised value as a shutdown store is still $496,000! Seller is asking only $279,000!

Space next to the c-store used to be a liquor store! Buyer can reapply for the liquor license and sell liquor next door!

Jobber owns the tanks, and canopy. Jobber contract is with Dees Oil and expires in less than 7 years. Dees Oil is willing to terminate the jobber contract and sell the existing tanks and canopy for only $60,000!

If you decide to keep the jobber contract, then it is structured as a 50/50 commission split. Credit card fees are currently 100% obligation of the dealer but in less than 2 years (Dec 2025), the credit card fees will be split 50/50 with the jobber!

Appraisal projected Inside Sales of $64,000 per month and more than 30,000 gallons per month!

Building was built as recently as 1987! Metal roof! New 9-door cooler installed!

Property is 0.82 acres!

Owner is too far from the property to run the store!

Population is growing year-after-year!

Only 2 hours from Memphis, TN! 2 hours 30 mins from Tuscaloosa, Birmingham, Huntsville AL!

Near Pontotoc High School with over 652 students, D T Cox Elementary School with 338 students!

Near to apartment complexes like Cherry Creek Townhomes, Cherry Creek Townhomes, Grove Apartments, Woodlawn Apartments, and Old Towne Subdivision with 40 units!

Near to a new four-lane roadway. Construction included approximately 170,000 tons of asphalt pavement, and ten bridges!

Average traffic count of 6,100 vehicles passing by the station each day!

Asking Price for the Property: $279,000! Appraised as a shutdown store for $496,000!

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


Price : $279,000
Property Type : Property-only
Purpose : Sell
Status : Available
Address : Pontotoc, MS
State : MS
City : Pontotoc

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