Former Convenience Store

Retail-Commercial for Sale
Catylist Listing ID: 30829233
Property Subtypes: Convenience Store, Free-Standing Building, Retail-Pad, Vehicle Related, Other
Building Size (RSF): 2,400 SF
Gross Building Area: See Agent
Sale Price: $300,000
Unit Price: $125 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Building Name: Former Convenience Store
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2023

Overview / Comments

Vacant 2,400 SF former gas station, located at the signalized intersection of Tennessee Ave.(aka US Hwy. 411) and 3rd St., in Etowah, TN providing high traffic counts of 13,867 AADT. The property has excellent access and visibility and is surrounded by retail and QSR users.

Property sits the hard corner of Hwy 411 and 310. Nearby commercial tenants include: AutoZone, Dollar General, Shell Gas, Post Office, antique shops and yoga studio. Best uses would be a free-standing retail use. Rural population of approximately 3,500 comprised of mostly retirees. This location is 55 miles outside of Knoxville and outside of Chattanooga, TN.

Seller is adding restriction to property prohibiting gas station or convenience store use.

Additional Details

Nearest MSA: Athens
County: McMinn
Tax ID/APN: 054107O C 06300
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 665 8,184 10,772
Median Age: 41.91 44.09 43.8
Households: 288 3,349 4,327

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