King College C-Store and Package Store

Retail-Commercial for Sale
Catylist Listing ID: 30188190
Property Subtypes: Convenience Store, Service Station/Gas Station, Street Retail
Building Size (RSF): 4,500 SF
Gross Building Area: See Agent
Gross Land Area: 0.50 Acres
Sale Price: $595,900
Unit Price: $132.42 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: University C-Mart and Jolly Time Liquor and Wine
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/3/2018

Overview / Comments

PRICE REDUCED! OWNER WILL CONSIDER LEASE WITH OPTION TO PURCHASE!! Due to illness, property needs to be Sold! Attention Investors! Completely remodeled C-Store and Package Store For Sale! 4500 sq ft C-store on approximately .5 acre besides King College campus. Store has new furnishings including modern grill area, newer gas pumps, 3 underground tanks, and a new liquor and wine store addition. Tank sizes are 10,000, 5,000 and 4,000 gal. Located at intersection of King College Road and E. Cedar Street with population of 34,685 and 14,971 households within 3 miles. Excellent financials. Owner will consider lease or lease purchase, contact agent for further details.

Additional Details

Nearest MSA: Kingsport-Bristol-Bristol
County: Sullivan
Tax ID/APN: 021 045.00
Retail Clientele: General, Family, Business, Traveler
Property Visibility: Excellent
Property Condition: Excellent
Year Built: 1970
Year Renovated: 2017
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,466 34,685 57,542
Median Age: 37.72 41.06 42.22
Households: 2,163 14,971 24,610
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.