Rock Hill Grocery and Residence

Retail-Commercial for Sale
Catylist Listing ID: 30275509
Property Subtypes: Convenience Store, Mixed Use, Service Station/Gas Station, Street Retail, Vehicle Related, Other
Building Size (RSF): 5,842 SF
Gross Building Area: See Agent
Gross Land Area: 1 Acre
Sale Price: $489,900
Unit Price: $83.86 PSF
Property Use Type: Vacant/Owner-User, Business
Building Name: Rock Hill Grocery
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/17/2018

Overview / Comments

Nicely maintained rural neighborhood market with with a nice 2-bedroom residence near Rogersville now for sale. Fronting Hwy 70N, this 5,842 sq ft c-store building has grocery area, hardware, gift shop and deli areas including a 1,526 sf residence. Advanced security camera system in place throughout and can be monitored with mobile devices. Large walk in cooler. Natural gas is connected to the building. 3,000 and 2,000 gallon underground tanks are in excellent condition and used for gasoline. There are also two above ground 1,000 gallon tanks for diesel and kerosene. There is unused space that owners planned to set up for a small restaurant-dine in area but due to family medical issues they have decided to sell. This store has been in operation continuously for 60 years and has a very loyal customer base. Convenient to Rogersville and Hwy 11W within 4 miles. Additional income from a long term lease to Hawkins County for a portion of the property. Excellent profitable business opportunity and financials are available to qualified buyers. Contact agent for further property details.

Additional Details

Nearest MSA: Kingsport-Bristol-Bristol
County: Hawkins
Tax ID/APN: 063 047.01 000; 063 047.01 001; 063 047.01 002
Zoning: COMMERCIAL
Retail Clientele: General, Family, Traveler, Recreation
Property Visibility: Excellent

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,034 10,403
Median Age: 42.29 41.76
Households: 1,636 4,284
The information presented herein is provided as is, without warranty of any kind. Neither Northeast Tennessee Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.