Gas Station with Market & Deli on Tazewell Pike in Luttrell

Retail-Commercial for Sale
Distressed
Catylist Listing ID: 30644557
Property Subtypes: Convenience Store, Restaurant, Service Station/Gas Station
Building Size (RSF): 2,116 SF
Gross Building Area: See Agent
Gross Land Area: 0.74 Acres
Sale Price: $99,900
Unit Price: $47.21 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Short Sale/Bank-Owned: Yes
Cap Rate: Undisclosed
Last Updated: 10/20/2021

Overview / Comments

Excellent business opportunity in the heart of Luttrell. Previously operated gas station with space for market & deli directly on Tazewell Pike. The property has a large lot and is set up as a convenience store with in-store dining. 7 gas tanks (1 of which is diesel) have been repaired and are in compliance with the State of Tennessee. Extra storage on site. Don't pass this one up! Bring offers!

Additional Details

Nearest MSA: Knoxville
County: Union
Taxing Authority: Union County
Tax ID/APN: 087079 10910
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Good
Largest Nearby Street: Tazewell Pike to 11w or Highway 33
Feet of Frontage: 148
Highway Access: Tazewell Pike to 11w or Highway 33
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair
Year Built: 1970
Roof Type: Flat
Construction/Siding: Block, Brick
Parking Type: Surface
Parking Description: Ample surface parking available
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,822 5,719 15,986
Median Age: 37.59 36.63 38.98
Households: 653 2,132 6,090

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