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785 Main St
Martin, TN 38237

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,920 SF
Building Class
C
Year Built
1967
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.42 AC
Zoning
Commercial
Frontage
78 FT on Tennessee 431

About 785 Main St , Martin, TN 38237

Lease Purchase Available for the Right Buyer! There is a manufacturing factory with over 650 employees that is 1 minute from the store! The factory was recently bought out by Black & Decker. They intend to expand the factory substantially and increase employment in the area. Sales are currently down because the factory is temporarily under renovation. Projected completion is March 2023. Sales should increase back up to at least $60,000 per month! Inside Sales are currently $43,000 per month! Uhaul commission is average $1,800 per month! ATM commission is $750 per month! Lottery Commission is $2,500 per month! Seller makes $6,000 in high margin deli sales! Deli is closed on Sundays! Net profit is over $8,500 per month AFTER paying $5,100 in Payroll and all other expenses! Store does not do EBT sales but there is a huge opportunity to generate EBT sales! 2 hrs 30 mins from Nashville, TN! 2 hrs from Memphis, TN! Average traffic count of 4,900 vehicles passing by the store each day! 1 min from a school with over 800 students! Asking Price for Business and Property is $699,000 + inventory! Lease Purchase Available for the Right Buyer! To put the property under contract, call or text us anytime at (770) 664-9999 or send a text message to (770) 415-9940.

PROPERTY TAXES

  • Listing ID: 27385665

  • Date on Market: 12/27/2022

  • Last Updated:

  • Address: 785 Main St, Martin, TN 38237