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Wednesday, March 12, 2014

Getty Realty sets $350,000 minimum bid for vacant Oregon Pike gas station

Source: Lancaster Online
By Tim Mekeel, Business Editor

Getty Realty has hired NRC Realty & Capital Advisors to sell 47 of its properties in eight states, including one idle property here.

For sale by sealed bid is the vacant Getty Mart gas station and convenience store at 1902 Oregon Pike, which closed in January.

The minimum bid for the property, at the intersection of Oregon Pike and Roseville Road, is $350,000. The bid deadline is May 13.

The property, zoned B2 business, is 26,700 square feet, or about six-tenths of an acre. The store measures 2,600 square feet.

Included in the portfolio are 16 gas stations, 29 commercial and retail properties formerly used as gas stations and two former fuel-distribution terminals.

Getty Realty, which specializes in owning and leasing gas stations and petroleum distribution terminals, has 1,050 properties nationwide.