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Methuen Gas Stations

Buying

With a slightly lower urban density than other cities, this town boasts ample parcels at excellent prices. Those savvy investors interested in purchasing a gas station in Methuen should definitely contact Boston City Properties for the latest information on availabilities, pricing, and potential site tours. Our associates can quickly help serious buyers find their ideal property at an even better price.

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gas stations

The value of buying a parcel here isn’t just in its proximity to several very beautiful natural wildlands and preserves, but its configurability. Unlike smaller city lots that are constrained by larger buildings, the lots here are usually located to large swaths of open land and some light retail, making them perfect for adding other structures or expanding existing ones. Many of the stations are surrounded by outcroppings of landscaping, from manicured bushes to a line of trees from the nearby forest. The lots tend to have enough room not only for multiple banks of pumps, but also parking in the back and on the sides. This creates a relaxing, enjoyable area in which motorists can pull up, fill their tanks, and then enjoy perusing the goods offered for sale in the adjacent convenience store.

Again, the layout of the land makes the type of goods that the store sells highly configurable. Some stations experiment with installing a kind of fast food counter in the back of the store which is staffed by a full-time food preparation specialist. This counter may offer customers a set of menu of delicacies, ranging from hamburgers to hot dogs to pastrami sandwiches to salads and burritos. Alternatively, the store may choose to simply sell pre-packaged foods out of a refrigerated case, making it easy for motorists to select an item and proceed directly to checkout.

Leasing

Much like buying a property, leasing a gas station in Methuen offers its own sweet advantages. For one thing, multi-year terms are typical, allowing an operator to really get a feel for the local market and learn how to foster healthy revenue streams. For another, the stability of these leases allows operators to create a relationship with the local community, which often becomes highly beneficial in terms of customer referrals.

While many of the facilities are located near the interstate or one of the major routes that passes through the city, having a good reputation locally always helps when lining up other business. As an example, a local car dealership or car rental agency may form a partnership with the local gas station in order to keep their fleet of vehicles gassed up and ready to go. The terms can vary depending on the volume of business the other entity will provide, but in all cases the ability to expand the number of customers is crucial to its success.

Operators may also choose to stock their store with an array of items that appeal both to long distance travelers and to locals, including condiments and materials for making a sandwich. These can include slices of gourmet cheese, as well as a host of processed meats and sausages, pickles, and a variety of mustards.

Geographic Location

Bounded by a river and a range of bustling adjacent municipalities, this town is full of verve and natural splendor. The Merrimack River helps form part of its boundary, while the cities of North Andover are located to the east, the city of Dracut is located to the west, the city of Andover is located to the south, and the city of Salem is located to the north. Route 213, Route 110, Route 28, Route 113, and Interstate 495 all pass through the city limits. The famous Bird Sanctuary is bounded by Route 213 to the north, and can also be reached via the Methuen Rail Trail, which also crosses the Spicket River. There’s a large green area located off Grove Street, while the Gill Avenue Playground is located off Railroad Street. The Francis Morse Park is sited directly off Burnham Road, while Riverside Park is at the end of Burnham Road. Riverside Drive parallels the Merrimack River. The Harris Brook, meanwhile, passes under Interstate 93.

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gas stations