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32795431
32795433

HWY 421 N 9854, DISTRICT-6, TN 37688

TC
TN 255309, VA 0225266014
CENTURY 21 Legacy Realty Johnson City
Listed by CENTURY 21 Legacy Realty Johnson City
$249,900
19 days on market
Updated 19 days ago

HWY 421 N 9854 DISTRICT-6 TN 37688

Details
APN 031 10601
Property Type Retail, Special Purpose
Sub Type QSR/Fast Food, Convenience Store (+1)
Square Footage 4,068
Units 1
Tenancy Vacant
Class C
Year Built 1971
Stories 1
Acreage 0.660
Investment Type Value Add
Ground Lease No
Sale Condition N/A

Formerly known as the historic Shady Valley General Store

Marketing description

PRIME COMMERCIAL OPPORTUNITY!! Located in the heart of Shady Valley and famously known as the home of ''The Snake,'' this prime commercial property offers incredible visibility and endless potential in one of Northeast Tennessee's most traveled destinations for motorcycle and scenic driving enthusiasts. Formerly known as the historic Shady Valley General Store, this property has long been a landmark for locals and travelers alike, with heavy traffic passing through. Situated on a little over half an acre, the property is ready for its next chapter and would make an excellent opportunity for a general store, gas station, restaurant, cafe, retail shop, or multi-use business venture. Three underground state-certified gas tanks (state certification just recently renewed and does not have to be renewed for 3 years) are already in place, adding tremendous value and versatility for future development. Inside, the building features a large open storefront area, a small office space, and two half baths. Toward the back of the building is an expansive additional room that was originally designed for restaurant use and showcases beautiful hardwood flooring along with a stunning stone fireplace that adds warmth and character. A small kitchen area is already in place with room for future expansion and customization. The property offers additional space for parking expansion and numerous possibilities for investors or entrepreneurs looking to establish a business in this highly recognizable tourist destination. An additional commercial property located directly across the street - featuring a large commercial building with two upstairs apartments - is also available for purchase, creating the potential for an even larger investment opportunity in the center of Shady Valley. Don't miss this great business opportunity! Buyer/buyer's agent to verify all info.

Investment highlights

-The three underground tanks are all certified for three more years and then they will need to be renewed.

-There is an additional property with a large commercial building with two apartments upstairs available to purchase across the street.

-The seller also owns several Shady Valley domains that can be transferred to use with the property.

Listing Contacts

TC
TN 255309, VA 0225266014
CENTURY 21 Legacy Realty Johnson City
Listed by CENTURY 21 Legacy Realty Johnson City

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Additional Information

Name
Tyler Carver
License
255309
Brokerage
Century 21 Legacy
Brokerage Phone
(423) 282-1885
Title
Commercial Property Specialist
Brokerage Address
414 Ashe Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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