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    1006 Highway 11-E W

    New Market, TN 37820
    • $625,000
    • STATUS: Active
    • ON SITE: 12 days
    • ID#: 240601
    UPDATED: 70 min ago
    $625,000
    • 0
      BEDS
    • 0.69
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,088
      SQFT
    • $299
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1967
    County:

    School Ratings & Info

    Listing courtesy of Crye-Leike Realtors Pigeon Forge.


    Description

    RARE OPPORTUNITY....Prime Location on State Hwy. 11E in New Market TN....Private Owner Owned and Operated a Profitable Gas Station / Convenience Store at this Location....Now it's your turn to make your dreams become a reality! Store was Originally Built in 1968 and Began Operation as an Exxon Service Center. Building of Solid Masonry Block Construction 29LF X 72LF. Facilities in Overall Good Condition Light Renovation and Repairs Necessary to Building Structure with Replacement of Fuel Dispensing Equipment and Re-certification to Begin Operations. Store has not been in operation as a Gas Station for 12 Years. Last Three Years of Operation Annual Gross Receipts Averaged $1,750,000.00. Location Dispensed an Average of 800,00USGal of Fuel per Year. Adjacent 12' X 16' Office Bld. w/Restroom is Included on Property. All In Ground Fuel Tanks were replaced and a Leak Proof Detection System was Installed in 1999. (1) 10,000USGal In Ground Fuel Tank (2) 5,000USGal In Ground Fuel Tank (1) 2000USGal Above Ground Kerosene Tank in Rear of Bld. (1) Above Ground Waste Oil Tank in Rear of Bld. Annual Traffic Count Along Highway 11-E Old AJ Highway W, East of New Market @ Station #25 is 19,869, West of New Market @ Station #27 is 14,640. Data Taken from 2020 Annual State of Tennessee, Department of Transportation Map of Jefferson County TN Website, Buyer's are Responsible to Verify and Update Data to Meet Their Satisfaction Prior to Closing / Purchase of Property. Special Traffic Routing Note: Directly in Front of Property Along Highway 11-E Old AJ Highway W, there is a Crossover in the Median of the Highway Between the East / West Lanes, which allows Easy Access to / from Property in Any Direction as well as Access Via Minnis Street Since Gas Station is Located on a Corner Street. See Aerial Picture of the Property.

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    Copyright 2021 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Prime Mountain Properties. Information deemed reliable but not guaranteed. Last updated 2021-02-24T11:15:38.713.
    www.smokymtnhomeinfo.com/homes/114150898
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    1006 Highway 11-E W New Market, TN 37820

    • Price: $625,000
    • Status: Active
    • Updated: 70 min ago
    • ID#: 240601
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.69
    Acres
    2,088
    SQFT
    $299
    $/SQFT
    1967
    Built
    Neighborhood:
    Minnis
    County:
    Jefferson
    Area:
    Jefferson County
    Property Description
    RARE OPPORTUNITY....Prime Location on State Hwy. 11E in New Market TN....Private Owner Owned and Operated a Profitable Gas Station / Convenience Store at this Location....Now it's your turn to make your dreams become a reality! Store was Originally Built in 1968 and Began Operation as an Exxon Service Center. Building of Solid Masonry Block Construction 29LF X 72LF. Facilities in Overall Good Condition Light Renovation and Repairs Necessary to Building Structure with Replacement of Fuel Dispensing Equipment and Re-certification to Begin Operations. Store has not been in operation as a Gas Station for 12 Years. Last Three Years of Operation Annual Gross Receipts Averaged $1,750,000.00. Location Dispensed an Average of 800,00USGal of Fuel per Year. Adjacent 12' X 16' Office Bld. w/Restroom is Included on Property. All In Ground Fuel Tanks were replaced and a Leak Proof Detection System was Installed in 1999. (1) 10,000USGal In Ground Fuel Tank (2) 5,000USGal In Ground Fuel Tank (1) 2000USGal Above Ground Kerosene Tank in Rear of Bld. (1) Above Ground Waste Oil Tank in Rear of Bld. Annual Traffic Count Along Highway 11-E Old AJ Highway W, East of New Market @ Station #25 is 19,869, West of New Market @ Station #27 is 14,640. Data Taken from 2020 Annual State of Tennessee, Department of Transportation Map of Jefferson County TN Website, Buyer's are Responsible to Verify and Update Data to Meet Their Satisfaction Prior to Closing / Purchase of Property. Special Traffic Routing Note: Directly in Front of Property Along Highway 11-E Old AJ Highway W, there is a Crossover in the Median of the Highway Between the East / West Lanes, which allows Easy Access to / from Property in Any Direction as well as Access Via Minnis Street Since Gas Station is Located on a Corner Street. See Aerial Picture of the Property.
    Exterior Features

    Access HighwayPaved Exterior Features Paved ParkingFuel TankPole SignLightingOnsite Parking Lot Dimensions 220X157.5

    Interior Features

    Basement None Bonus Rooms No Cooling Central Electric Heating CentralElectric Furnace Interior Features Display WindowReception AreaInside StorageFixtures Number Of Bonus Rooms 0 Number Of Rooms 0 Restrooms 2 Stories One

    Property Features

    Annual Tax 2633.76 Commercial Type Fee Simple Improved Common Area Maintenance Advertise/MarketingElectricitySignageGasWaterCommon Area Restrooms Common Area Maintenance Per Month 0.00 Current Use Convenience StoreAutomotive District 07 Financial Remarks Cash/Conventional Gross Rent Amount One 0.00 Gross Rent Amount Two 0.00 Gross Rent One Year 0 Gross Rent Two Year 0 Lease Terms Years 0 Lot Block Unit 17 Monthly Lease Amount 0.00 Owner Financing No Proposed Financing CashConventional Restrictive Covenants Yes Tax Year 2020 Zoning C-1 Zoning Entity Jefferson County

    Copyright 2021 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed.
    Copyright 2021 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Prime Mountain Properties. Information deemed reliable but not guaranteed. Last updated 2021-02-24T11:15:38.713.
     
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    Prime Mountain Properties
    807 Dolly Parton Pkwy
    Sevierville TN, 37862
    Listing courtesy of Crye-Leike Realtors Pigeon Forge.