BALTIMORE, March 29, 2012 (GLOBE NEWSWIRE) -- National Commercial Auctioneers [www.natcomauctions.com] announces the foreclosure auction of a former Citgo gas station in Baltimore, Md., on April 24, 2012, at 11am local time, according to Fernando Palacios, Regional Vice President and Broker.
"This is an excellent business opportunity or investment," said Palacios. "This former Citgo brand station has a 2,253 square foot convenience store and is located on a busy street with a high traffic count."
Located at 6100 Moravia Park Drive, the property is located within one mile of I-95 and I-895 in Baltimore. The gas station is equipped with a security surveillance camera, two pumps, and a canopy that extends over both pumping stations. Each pump has two multi-product dispensers, two regular hoses and two diesel hose attachments, making a total of eight hoses.
Three underground 8,000 gallon storage tanks allow the flexibility of storing multiple grades of fuel. The 0.81 acre lot has ample parking for additional revenue as a truck rental location.
"The state of Maryland has inspected this property and given it a clean environmental report," noted Palacios. "There are no contamination issues and this property is in compliance with current regulatory requirements."
Broker participation is encouraged. Property may be inspected during scheduled previews or by appointment. The auction will be conducted on-site. For more details on how to receive the property information package and complete terms visit www.natcomauctions.com or call (877) 895-7077.
National Commercial Auctioneers is a national commercial property auction company dedicated to the sale of commercial property for commercial lenders, bankruptcy trustees, private equity funds, and public and private companies throughout the United States. NCA has the knowledge and expertise to effectively deliver a market driven auction for every kind of commercial property.
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