Hickory Tree Store

Retail-Commercial for Sale
Catylist Listing ID: 30338612
Property Subtypes: Convenience Store, Mixed Use, Restaurant, Service Station/Gas Station, Street Retail, Other
Building Size (RSF): 3,388 SF
Gross Land Area: 0.68 Acres
Sale Price: $309,900
Unit Price: $91.47 PSF
Property Use Type: Investment, Business
Building Name: Hickory Tree Store
Usable Size (USF): 3,388 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/1/2020

Overview / Comments

PRICED TO SELL!! Want an investment or a new lifestyle? Take ownership of this very successful business and its real estate. The Hickory Tree Store is steeped in history. It was built in 1940 and remains an operating, income producing store today. The store has recently had a major facelift. There are so many improvements and updates, it’s hard to list them all. Apart from a few leased pieces of equipment, everything goes. There are also tons of storage, an attached apartment and mobile home pad included with the sale. The store is heavily trafficked year-round by the community, local and visiting fishermen, hunters, hikers, boaters and tourists alike. Just minutes from the famous South Holston River, known all over the country for its fabulous trout fishing. Also minutes from south Holston Lake. Inside and covered outside dining add to the character. Inventory and equipment included in the sale.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Taxing Authority: Sullivan County
Tax ID/APN: Map 84 Parcel 59
Zoning: B-3
Retail Clientele: General, Family, Traveler, Tourist, Recreation
Property Located Between: South Holston Lake and South Holston River
Property Visibility: Excellent
Largest Nearby Street: Highway 421
Feet of Frontage: 191
Site Description: Country Store
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1940
Year Renovated: 2017
Roof Type: Arched
Construction/Siding: Other
Parking Type: Surface
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Other
Interior Description: Store, restaurant and groceries.
Zoning Description: General Business Service District
Lot Frontage: 191
Lot Depth: 170
Water Service: Municipal
Sewer Type: Septic, Other

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,967 20,966
Median Age: 45.04 43.42
Households: 2,040 8,698

Contact

Photograph of Listing Agent

Debra Kennedy

Bob Callahan REALTORS
NETAR CMLS Member
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