Great small business opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30746273
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use
Building Size (RSF): 1,560 SF
Gross Building Area: See Agent
Sale Price: $35,000
Unit Price: $22.44 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/13/2021

Overview / Comments

Fixer Upper with loads of potential!
Great opportunity to start your own small business, or INVESTMENT! This 2 bay garage has 1 bay for washing and one bay has a grease pit, for getting underneath and changing oil.
Store front has room to make a nice convenience store, and gas pumps can be reinstalled if you wanted to have the full gas/convenience store investment.
Traffic count on Hwy 16 is approximately 4300 per day, tourist and nature lovers headed to Grayson Highlands Park. No inspections allowed, no water or electric will be turned on prior to closing, selling as-is. Buyers and buyers agent must sign liabiLITY waiver prior to entering the property. All information pulled from public records. Buyers and buyer's agents to verify all information contained in this listing. Subject to E&O

Attachments & Media

Additional Details

Nearest MSA: Kingsport-Bristol
County: Smyth
Submarket Type: Other
Tax ID/APN: 58B-1-4
Retail Clientele: Family, Traveler, Tourist, Recreation
Property Located Between: town of Marion and Sugar Grove
Property Visibility: Excellent
Largest Nearby Street: Main Street Marion
Feet of Frontage: 75
Traffic/Vehicle Count: 4,300
Highway Access: Hwy 16
Site Description: Brick structure with 2 bay doors and store front
Area Description: rural
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,560 SF
Property Condition: Poor
Year Built: 1950
Roof Type: Flat
Construction/Siding: Brick
Total Parking Spaces: 10
Parking Type: Surface
Heat Type: Oil
Internet Access: Satellite
Zoning Description: commercial/Industrial
Water Service: Municipal
Sewer Type: Septic
Land Ownership: owned
Legal Description: Parcel Id: 58B-1-3 070506

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,454 7,528 10,708
Median Age: 42.88 42.56 41.83
Households: 472 3,120 4,481

Contact

Photograph of Listing Agent

Cindy Duffy

RE/MAX Cavaliers NETAR CMLS Member
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