29079 Highway 18 E - Service Station FOR SALE


Raleigh, MS 39153
$388,000 USD
601-438-4663
29079 Highway 18 E, Raleigh, MS for Sale
$388,000 USD
Service Station - FOR SALE
1/14
null | Request Cap Rate

29079 Highway 18 E
Raleigh, MS 39153


HIGHLIGHTS

  • Long-Term Lease Security: Located on Section 16 land, the lease was recently renewed for 40 years as of October 3, 2022.
  • Local Favorite: Known for its top-quality pizza, deli offerings, and friendly service.
  • All Inventory Included: The sale comes with everything you need to keep the business running smoothly from day one.

OVERVIEW

Looking for a turnkey investment with immediate cash flow? Sylvarena Grocery and Self Serve Gas is averaging an impressive $2,650 in daily sales! Located on a thriving corner lot at the intersection of Highway 18 and Smith County Road 52, this bustling convenience store serves the local community with fresh deli meats, hot pizza, and hearty lunches. Recently updated with a brand new kitchen, the store is fully equipped for continued growth. What makes Sylvarena stand out? Prime Location: High-traffic corner lot with steady customer flow. Self-Serve Gas Station: With above-ground tanks, offering easy access for fueling. All Inventory Included: The sale comes with everything you need to keep the business running smoothly from day one. Strong Daily Sales: Currently averaging $2,650 per day in sales?this store is a money-maker! Long-Term Lease Security: Located on Section 16 land, the lease was recently renewed for 40 years as of October 3, 2022. Local Favorite: Known for its top-quality pizza, deli offerings, and friendly service. If you're ready to own a thriving convenience store with a loyal customer base and prime location, Sylvarena Grocery is the perfect investment!

FOR SALE DETAILS

PRICE

$388,000 USD

PRICE/SF

$259 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,846 SF

ZONING

-

APN/PARCEL ID

145F-16-000-010

ASK ABOUT THIS PROPERTY

Austin ProwantSouthern Homes Real EstateMore Info
601-438-4663

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Austin ProwantSouthern Homes Real EstateMore Info
601-438-4663

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