Country Store with Gas
101 River Street Conway, MA 01341
New
For Sale
$435,000
For sale as a complete operation with building, established business, inventory, and equipment, plus gasoline and diesel pumps.
Property Size1,992 SF
Price / SF$218.37
Days on Market3
Property Features for 101 River Street
General Information
- Standard status
- Active
- Size
- 1,992 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1930
Listing Agency:
Coldwell Banker Community REALTORSÂ
(413) 768-9848
Listed By:
Wanda Mooney · License #449000115
(413) 768-9848
Source:
Alliancepartnersre
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 26 at 4:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Community REALTORSÂ
Investment Insights
Based on property information with market context.
Baker's Country Store is offered for sale complete with the building, established business, plus all inventory and equipment included. The vintage-style country store carries general merchandise along with groceries, fresh produce, baked goods, and prepared foods. Interior features include a fully equipped kitchen, coolers, a customer seating area, and a 1/2 bath, with a full basement for additional storage.
The property is located on Route 116 in Conway and is described as having outstanding visibility, easy access, and high traffic.
Additional onsite features include gasoline and diesel pumps. The business also notes potential expansion opportunities, including obtaining a full liquor license, offering specialty beer, wine & spirits, adding a take-out window, or adding customer seating windows overlooking the South River.
The property is located on Route 116 in Conway and is described as having outstanding visibility, easy access, and high traffic.
Additional onsite features include gasoline and diesel pumps. The business also notes potential expansion opportunities, including obtaining a full liquor license, offering specialty beer, wine & spirits, adding a take-out window, or adding customer seating windows overlooking the South River.
Key Highlights
- Baker's Country Store is offered for sale as a complete operation with the building, established business, inventory, and equipment included.
- Vintage‑style country store on Route 116 in Conway with high traffic and easy access.
- Year built: 1930; includes fully equipped kitchen, coolers, 1/2 bath, and a customer seating area.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.0k | $21.60 |
| − Vacancy | −$947 | −$0.48 |
| EGI | $42.1k | $21.12 |
| − OpEx | −$12.6k | −$6.34 |
| NOI | $29.5k | $14.79 |
1,992 SF · lease $21.60/SF/yr · vacancy 2.20% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$674.7K
$590.4K – $787.2K
NOI $47,231 @ 7.0% cap · market cap 10.86%
Second Best
Retail
$420.8K
$368.2K – $490.9K
NOI $29,456 @ 7.0% cap · market cap 6.77%
Theoretical Best
Healthcare Medical
$826.0K
$722.8K – $963.7K
NOI $57,822 @ 7.0% cap · market cap 13.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bakers Country Store
Grocery & Convenience Store
FAQs
What type of property is this?
Grocery and convenience store - For sale as a complete operation with building, established business, inventory, and equipment, plus gasoline and diesel pumps.
Where is this grocery and convenience store located?
The property is located at 101 River Street Conway, MA.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Baker's Country Store is offered for sale as a complete operation with the building, established business, inventory, and equipment included.; Vintage‑style country store on Route 116 in Conway with high traffic and easy access.; Year built: 1930; includes fully equipped kitchen, coolers, 1/2 bath, and a customer seating area.
