Convenient Store with Pumps and Retail Opportunity

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30846385
Property Subtypes: Convenience Store, Mixed Use, Service Station/Gas Station, Vehicle Related
Status: Pending/Contingent
Building Size (RSF): 2,088 SF
Gross Building Area: See Agent
Sale Price: $590,000
Unit Price: $282.57 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/1/2023

Overview / Comments

Convenient Store/Retail Store in New Market! Previously Jack's Market, this property has been vacant for several years and is now being offered for sale. Located approximately 4 miles West of Jefferson City on Hwy 11-E. The owner previously used a portion of the property for a used car lot for many years. Sitting on 0.69 acres and over 2000 sqft, this property has 3 entrances, 6 gas pumps, and room for expansion. There is 2, 10,000 gallon tanks in the ground, 1 tank can be split into 5,000 gallon tanks. Tanks were inspected Jan. 2022. Documentation can be provided upon request. Fantastic location on 11-E in between Knoxville and Jefferson City. Property adjacent is for sale as well. This is a great opportunity with endless potential.

Additional Details

Nearest MSA: Morristown
County: Jefferson
Tax ID/APN: 045033CA03900
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Excellent
Feet of Frontage: 219
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 2,088 SF
Property Condition: Average
Year Built: 1967
Construction/Siding: Brick
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,747 19,644
Median Age: 41.59 37.23
Households: 2,633 7,379


Photograph of Listing Agent

Stella Parton

Mountain Home Realty
Photograph of Listing Agent

Dennis Brooks

Mountain Home Realty
© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither East Tennessee Realtors nor Moody's assume any liability for errors or omissions.