Turnkey business and real estate sale on Walnut Street closes $100,000 over asking price
RED BLUFF, CA — Maher Commercial Realty is pleased to announce the successful sale of 1715 Walnut Street, Red Bluff, CA, a gas station and convenience store business sold together with the underlying real estate, for $3,800,000. The transaction closed $100,000 over the asking price, reflecting strong investor demand for well-located, income-producing fuel and retail assets in the region.
Oron Maher and Arian Zerehi of Maher Commercial Realty represented the seller in the transaction.
Property Highlights
The property is a turnkey unbranded gas station with no fuel supply agreement, sold together with an established convenience store business and the underlying real estate. The site sits on a substantial 0.49-acre lot zoned C-1, located on Walnut Street, a key commercial corridor in Red Bluff. The fuel infrastructure includes four fuel dispensers served by two modern, double-walled underground storage tanks offering 89-octane blends. The sale also includes a valuable Type 20 beer & wine license, adding meaningful value to the convenience store operation. The building measures 3,783 square feet, situated on a 12,344-square-foot lot.
About the Transaction
The property’s combination of real estate ownership, an unbranded fuel supply structure, and an existing beer & wine license positioned it as a rare turnkey opportunity in the Red Bluff market. The sale price, which exceeded the asking price by $100,000, underscores continued investor confidence in fuel and convenience retail assets along established commercial corridors.
About Maher Commercial Realty
Maher Commercial Realty specializes in the sale and leasing of commercial real estate, including gas stations, convenience stores, and other retail and business assets throughout California. The firm’s brokers combine local market expertise with deep experience in business and real estate transactions to deliver results for buyers and sellers alike.
