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
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.

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

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,283 17,159
Median Age: 43.62 42.15
Households: 1,322 6,733

Contact

Photograph of Listing Agent

Jim Griffin

Griffin Home Group NETAR CMLS Member
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