GREAT Potential in Prime Location

Retail-Commercial for Sale
Catylist Listing ID: 30838604
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail
Building Size (RSF): 1,850 SF
Gross Land Area: 40,000 SF
Sale Price: $259,900
Unit Price: $140.49 PSF
Has Drive-Thru? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 9/15/2023

Overview / Comments

Tremendous potential with work needed on this block building with State Highway road frontage & signage. With over 6,500 cars passing daily, this location has a large possible customer reach & great visibility. This building has a drive-through window, a walk-in cooler, customer bathrooms & a stainless utility sink. There is fire damage in one room that will require extensive roof repair; and the building needs an overall cleaning...but, with some manual labor, this building could become a BIG income-producer! Start growing your portfolio today! Buyer to verify all information with an informed offer.

Additional Details

Nearest MSA: Crossville
County: Cumberland
Taxing Authority: City of Crossville
Tax ID/APN: 018113D A 03300
Zoning: N/A
Retail Clientele: General, Family, Traveler, Tourist
Property Visibility: Excellent
Largest Nearby Street: Hwy 70 E
Feet of Frontage: 207
Traffic/Vehicle Count: 6,500
Highway Access: Located on a Highway
Site Description: Almost an acre of unrestricted land in a GREAT location with GREAT visibility.
Area Description: High traffic count area, very centrally located in Crossville. Many bars in this area, so this would be a great convenience store, especially with it's drive-through feature.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,850 SF
Property Condition: Poor
Year Built: 1972
Construction/Siding: Block, Brick
Exterior Description: Brick Front with Block on other three walls
Total Parking Spaces: 10
Parking Type: Surface
Parking Description: Paved
Internet Access: Fiber Optic
Interior Description: Public Bathrooms, Multiple Rooms, Needs Work
Zoning Description: N/A
Lot Frontage: State Highway-207ft.
Lot Depth: 200ft.
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: 113D A 033.00

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,007 14,572 23,790
Median Age: 43.88 40.26 44
Households: 453 5,997 9,968


Photograph of Listing Agent

Gina Knight

Re/Max Finest ETNRCRE Member
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