Country Store in Greene County
Retail-Commercial
for Sale
Catylist Listing ID: |
30780958 |
Property Subtypes: |
Convenience Store, Free-Standing Building, Restaurant, Service Station/Gas Station
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Building Size (RSF): |
2,960 SF
|
Sale Price: |
$224,900 |
Unit Price: |
$75.98 PSF |
Property Use Type: |
Vacant/Owner-User |
Building Name: |
Rheatown Store |
Usable Size (USF): |
2,960 SF |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
5/4/2022 |
Overview / Comments
This well-established (60 year history) proven country store offers a unique opportunity to own a retail business with a piece of Bluegrass History in a charming southern community. Rheatown Country Store & Deli, loaded with tradition and southern decor, offers a nice mix of Groceries, Deli, Candy, Tobacco, Sodas, Bagged Ice, Propane Tank Exchange Sales, Arcade & Vending revenue, ATM and Gas sale revenue. The homestyle restaurant serves breakfast, lunch, and dinner to a loyal customer base. With a following from all over the country, the attached music room has been offering weekly picking and periodic live bluegrass concerts for over 30 years and draws crowds consistently. A new owner with a strong background in retail or convenience could take this to the next level, this business is ready to boom. Expanding the store by opening on Sunday & promoting fuel sales will also increase monthly revenue significantly. Don't miss this opportunity to keep this beloved Country Store & local institution alive.
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Additional Details
Nearest MSA: |
Greeneville |
County: |
Greene |
Tax ID/APN: |
030066 07600 |
Zoning: |
COMMERCIAL |
Retail Clientele: |
General, Family, Traveler, Tourist, Recreation |
Property Visibility: |
Good |
Largest Nearby Street: |
11E |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Property Condition: |
Good |
Year Built: |
1960 |
Construction/Siding: |
Wood Siding |
Parking Type: |
Surface |
Demographic Statistics
Proximity: |
3 miles |
5 miles |
Total Population: |
3,283 |
17,159 |
Median Age: |
43.62 |
42.15 |
Households: |
1,322 |
6,733 |
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