10842 Highway 5 S - Convenience Store FOR SALE


Mountain Home, AR 72653
$499,000 USD
901-262-3440
10842 Highway 5 S, Mountain Home, AR for Sale
$499,000 USD
Convenience Store - FOR SALE
1/20
null | 2% Cap Rate

NEW


10842 Highway 5 S
Mountain Home, AR 72653


HIGHLIGHTS

  • Excellent Highway frontage
  • Close to outdoor recreation areas as well as Norfork and White River
  • Gas pumps
  • short order food
  • Fishing supplies

OVERVIEW

Welcome to the Y Convenience Store located in the center of the intersection of Hwy 5 and Hwy 177 just West of the Lake Norfork Dam in Salesville AR. Located approx. 4 miles North of Norfork, AR. Since 1941, this store has been a landmark for anglers and lovers of the Hear of the Ozarks for food, gas, fishing supplies and more. Property is approx. .25 AC and building/store approx. 1,976 SF. Own a piece of North Arkansas history with excellent cash flow Owners are retiring and selling real estate and convenience store business as a package. Business is highly successful and generated gross income of $171,950 with expenses of $70,805 with NOI of $101,145 (20.2% CAP rate). Financials and non-conveyable personal property list available upon request by a qualified buyer. UST’s are owned, managed and maintained by Tri-Star Energy with no lease in effect.

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$253 USD /SF

CAP RATE

2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Y Grocery and Gas (Convenience Store)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1941

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

C-1

APN/PARCEL ID

009-02981-001

ASK ABOUT THIS PROPERTY

Bill Caller, CCIMERA Doty Real EstateMore Info
901-262-3440

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Bill Caller, CCIMERA Doty Real EstateMore Info
901-262-3440

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.