21915 AL Philpott Hwy - Service Station FOR SALE


Spencer, VA 24165
$2,500,000 USD
21915 AL Philpott Hwy, Spencer, VA for Sale
$2,500,000 USD
Service Station - FOR SALE
1/7
null | Request Cap Rate

21915 AL Philpott Hwy
Spencer, VA 24165


OVERVIEW

Rare Investment Opportunity! Well-Established Multi-Functional Property Welcome investors to an incredible opportunity of a lifetime! This unique property has been successfully operating for 45 years and is now available for you to own. Situated on a prime lot, this all-in-one investment boasts a gas station, market, diner, car shop/garage, and a cozy 2-bedroom, 1-bath house, all seamlessly combined. Additionally, this versatile property includes three meticulously maintained apartments. One unit offers a generous 3 bedrooms, 1 bath, and in-unit laundry, while the two other apartments feature 1 bedroom, 1 bath, and convenient in-unit laundry facilities. Key Features: Gas Station: A steady income generator with a loyal customer base. Market & Diner: A thriving retail space with the potential for further growth. Car Shop/Garage: Perfect for automotive enthusiasts or entrepreneurs. 2-Bedroom House: An ideal living space for owners or on-site managers. 3 Apartments: Diversified income streams with long-term tenants. Why Invest? Proven Track Record: 45 years of successful operations demonstrate stability and reliability. Prime Location: Strategically situated in a bustling area with excellent visibility and foot traffic. Multiple Income Streams: Diversified businesses and rental units offer various revenue sources. Room for Expansion: Opportunity to capitalize on untapped potential and expand businesses further. Well-Maintained.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$38 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bestmart Convenience Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

A1

APN/PARCEL ID

183610000

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