4761 Old Stage Highway, Smithfield, VA 23430

Building Details

Year built

1982

Listing agent Pamela Burgos License #350881 Show Phone

Listing office Reeds Real Estate LLC k***@reedsrealestate.net 111 Mill Creek Pkwy. Ste. 200, Chesapeake, VA Show Phone

Listing date Jun 27, 2026

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MLS# 10641920

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Overview

This turnkey CITGO gas station is offered as an operating, branded fuel business. The property includes an existing 10-year lease and a 10-year CITGO branded fuel contract, supporting a ready-to-run model for the next operator. The site is set on a 1.89-acre lot with a total property size of 2,400 square feet.

Located in Isle of Wight County near Smithfield, the station sits on Old Stage Highway and is described as receiving approximately 7,100 vehicles per day. The remarks further note that major commercial corridors are minutes away, with traffic volumes cited in the 25,000 to 29,000 vehicles per day range. The surrounding area is characterized by a customer base including power plant employees, local residents, contractors, and daily commuters.

For tenants or buyers seeking a branded fuel operation rather than a ground-up build, this offering provides an established framework through the included lease and long-term fuel branding agreement. The property’s positioning along a frequently traveled roadway and its mix of nearby local and commuter demand are presented as key factors behind the station’s appeal. Zoning is listed as GC, supporting general commercial use expectations for retail and related activity at the site.

Suggested Use

Restaurant Big Box & Wholesale Store Hair Salon Food Market Grocery & Convenience Store Grocery & Convenience Store Clothing & Fashion Store Bakery Bed & Breakfast Restaurant

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Smithfield

County

Isle of Wight

State

Virginia

Longitude

-76.684642

Latitude

37.076683

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FAQs

What type of property is this?

Gas station - Turnkey gas station setup with a 10-year lease and CITGO fuel contract at a high-traffic highway site.

Where is this gas station located?

The property is located at 4761 Old Stage Highway Smithfield, VA.

What is the lease rate?

The lease rate is $6,000 /Mo.