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 |
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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