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Convenience Store with Drive-Through
For Sale
$1,375,000

500 S WASHINGTON St, Ripley, TN 38063

Commercial/Industrial, Ripley, TN

Property SizeContact for details
Days on Market181

Property Features for 500 S WASHINGTON St

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Standard status Active

Taxes and HOA fees

Tax Annual Amount 1000

Amenities

ample storage
modern surveillance
updated signage
essential safety features

Building Details

Year built 2026
Listing Agency: Pinnacle Realty
Listed By: Brendan Barriere
Added: Mar 19 Changed: Sep 3 Last Checked: Sep 15 at 4:06AM
MLS# 10217206

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This convenience-oriented commercial property is identified as under construction with a 2026 year built. The planned configuration includes a customer-facing sales area supported by a 9-door cooler, a separate beer cave, commercial ice equipment with a bagger, and an ice merchandiser. Additional storage is included for operational support.

A drive-through window is part of the property’s design, while updated signage, surveillance, and safety features are also identified. The equipment package is described as new and includes components suited to beverage service, deli operations, packaged goods, and lottery sales. The property is located at 500 S Washington St in Ripley, Tennessee, 38063.

Key Highlights

  • 9‑door cooler included
  • Dedicated beer cave
  • Commercial ice machine with bagger and ice merchandiser

Property Analytics

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Current Use

Grocery and convenience stores

Suggested Use

Top Pick Building Supply Restaurant Hair Salon HVAC Service Dental Office Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

67
Businesses Nearby
11k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
BP Shops & Services
6,128 visits/mo 0.1 miles
Dollar General Shops & Services
4,979 visits/mo 0.4 miles

Demographics for 38063, TN

16,033
Population
7,070
Households
2.3
Avg Household Size
40
Median Age
13%
College-Educated
84%
High-School Grad
285.2 sq mi
ZIP Area
56
Density / Sq Mi
$48,578
Median Household Income
$37,121
Median Earnings
$731
Median Rent
$137,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - The commercial space features beverage refrigeration, ice-service equipment, storage, and a drive-through window.
Where is this grocery and convenience store located?
The property is located at 500 S WASHINGTON St Ripley, TN.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: 9‑door cooler included; Dedicated beer cave; Commercial ice machine with bagger and ice merchandiser
More about this property
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