29079 Highway 18 E
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29079 Highway 18 E
1,500 SF Retail Building Raleigh, MS 39153 $488,800 ($326/SF)
Investment Highlights
- Long-Term Lease Security: Located on Section 16 land, the lease was recently renewed for 40 years as of October 3, 2022.
- All Inventory Included: The sale comes with everything you need to keep the business running smoothly from day one.
- Local Favorite: Known for its top-quality pizza, deli offerings, and friendly service.
Executive Summary
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!
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!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
1,500 SF
Building Class
C
Year Built
1960
Price
$488,800
Price Per SF
$326
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.36 AC
Parking
9 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
169 FT on Mississippi 18
PROPERTY TAXES
| Parcel Number | 145F-16-000-010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,867 |
PROPERTY TAXES
Parcel Number
145F-16-000-010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,867
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29079 Highway 18 E
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