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Bestmart Convenience Center 21915 AL Philpott Hwy

66,615 SF 100% Leased Retail Building Spencer, VA 24165 $2,500,000 ($37.53/SF)

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Service Station
Building Size
66,615 SF
Building Class
C
Year Built
1950
Price
$2,500,000
Price Per SF
$37.53
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.50
Lot Size
1.02 AC
Opportunity Zone
Yes
Zoning
A1

AMENITIES

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
183610000
Land Assessment
$20,000
Improvements Assessment
$172,300
Total Assessment
$192,300
  • Listing ID: 32592412

  • Date on Market: 7/26/2024

  • Last Updated:

  • Address: 21915 AL Philpott Hwy, Spencer, VA 24165

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