Busy Convenience Store w/ Living Area & 10.5 Acres

Retail-Commercial for Sale
Catylist Listing ID: 30821829
Property Subtypes: Convenience Store
Building Size (RSF): 3,120 SF
Gross Building Area: See Agent
Sale Price: $485,000
Unit Price: $155.45 PSF
Property Use Type: Business
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 11/24/2022

Overview / Comments

BUSY, BUSY, BUSY!! This store has been established for many years and has a booming business!! There is great potential for turning a profit in 1 year of ownership or less!! This listing includes the retail store of 1560sf and all inventory & equipment valued approximately at $100k. Upstairs, there is a 1560sf living quarters that could easily be converted into 2 apartments. There is also a large detached garage that could be rented for additional income. All of this is located on over 10 acres on the busy intersection of Allardt-Tinch and Banner Springs Rd. If you are looking for a highly profitable investment, THIS IS IT! *Buyer to verify all information and measurements before making an informed offer*

Additional Details

Nearest MSA: Crossville
County: Fentress
Tax ID/APN: 025105 01505
Retail Clientele: Business
Property Located Between: Allardt-Tinch & Banner Springs Rd
Property Visibility: Excellent
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 3,120 SF
Property Condition: Average
Year Built: 1979
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Brick and wood siding
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,341 4,650
Median Age: 40.7 42.19
Households: 926 1,868

Contact

Photograph of Listing Agent

Tina Isham Jones

Isham Jones Realty KAAR CIE Member
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