About This Restaurant
Investment Highlights
fully stocked, running business Virginia tech owns surrounding land where they plan to build a community center soon.
Executive Summary
Gas station and deli business including building, all inventory & fixtures. Deli brings in larger portion of revenue, beer was just added and gambling machines will be legal as of July 1, 2024. Great road frontage and future potential traffic as Virginia Tech owns surrounding land and plans to build a community center soon. Owner is only selling due to distance from business making it hard to manage. Business is profitable and continuing to grow monthly as more is being added. February & March inside sale grew from $26,000 to $38,000 and on track to do more in the month of April. There are 2 - 6,000 gallon underground tanks and 1 - 500 gallon above ground, owned out right and on consignment agreement with gas company. Seller is open to owner financing with a down payment.
Property Details
- Sale Type Owner User
- Sale Condition Business Value Included
- Property Type Retail
- Property Subtype Convenience Store Convenience Store General Retail Restaurant General Retail Service Station Convenience Store
- Building Size 1,624
- Building Class C
- Year Built 1965
- Price 399,000
- Price Per SF 246
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.06
- Land Acres 0.61 AC
Property Taxes
| Parcel Number | 5111190091 | Improvements Assessment | $18,000 |
| Land Assessment | $71,700 | Total Assessment | $89,700 |
| Date Created: | 2024-07-16 04:23:47 | Last Updated: | 2024-07-16 04:23:47 |
| Address: | 2716 Abram Penn Hwy , Critz, Virginia, 24082 | ||