Grocery Store

Townsend, TN Grocery And Convenience Stores for Sale

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Convenience Store on Highway Corridor
Updated: Jun 18
Convenience Store on Highway Corridor

7523 East Lamar Alexander Parkway, Townsend, TN 37882

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1,304 sqft
Established Rite Stop convenience store on E. Lamar Alexander Parkway (Highway 321) in Townsend, TN
Prime Highway 321 frontage with easy ingress/egress and ample on‑site parking
Convenience store positioned on a high‑traffic tourism corridor serving Great Smoky Mountains National Park visitors
Year‑round traffic from local residents, tourists, outdoor enthusiasts, and park visitors
Potential for increased revenue through expanded product offerings and tourism‑focused services
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Townsend, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Corner Storefront Property
Corner Storefront Property

3925 Cosby Hwy, Cosby, TN 37722

$219,000
975 sqft

Built in 1930 at the intersection of Hwy 321 and Jones Cove Road, with potential for several retail-oriented uses.

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Storefront Property with Drive-Through Potential
Storefront Property with Drive-Through Potential

3925 Cosby Highway, Cosby, TN 37722

$219,000
975 sqft 0.56 AC lot

Existing commercial building with flexible potential for food and convenience uses.

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Highway Retail Space
Highway Retail Space

1280 TN-73, Newport, TN 37821

$74,900
1,311 sqft 0.22 AC lot

Commercial building with public water and sewer service in an established highway corridor.

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Grocery/Convenience Store Building
Grocery/Convenience Store Building

1280 Tennessee 73, Newport, TN 37821

$74,900
1,311 sqft 0.22 AC lot

Frame commercial building with public water, dual heating, and access to Highway 73 and I-40.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

C-3 Commercial Land
C-3 Commercial Land

350 Simpson Rd, Lenoir City, TN 37771

$895,000
11.48 AC lot

C-3-zoned land near major roadways and community amenities.

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Off-Market Properties in Townsend, TN

Consider similar Off-Market properties in Townsend, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

7523 Lamar Alexander Pkwy
GROCERY, SUPERMARKET

7523 Lamar Alexander Pkwy, Townsend, TN 37882-3906

Estimated value:
$460,000
1,864 sqft 0.26 AC lot
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8125 Lamar Alexander Pkwy
GROCERY, SUPERMARKET

8125 Lamar Alexander Pkwy, Townsend, TN 37882-4035

Estimated value:
$480,000
2,414 sqft 0.43 AC lot
View details
7665 Lamar Alexander Pkwy
GROCERY, SUPERMARKET

7665 Lamar Alexander Pkwy, Townsend, TN 37882-3907

Estimated value:
$265,000
4,672 sqft 0.40 AC lot
View details

Townsend, TN Grocery And Convenience Stores Market Trends and Statistics

Explore 4 grocery and convenience stores for sale in Townsend, TN on our real estate platform. These investment opportunities span a total of 1,304 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Grocery and convenience stores 2

Demographics Overview

Population 2,800
Population Growth (5Y) +4.1%
Median Household Income $61,875
College Educated 48.8%

Taxes & Financing

Tax Rate (average for all types) 2.06%
Property Tax per SF $51.16 per SF
Tax Rate vs County Average 0.52 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Blount County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Blount County

Residential Income

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