Turnkey Store, Gas, and
For Sale
$700,000
Pending
10761 THOMAS NELSON HWY, Lovingston, VA 22949
Established convenience store, gas station, and restaurant with apartment.
Property Size4,279 SF
Lot Size1.71 Acres
Days on Market200
Property Features for 10761 THOMAS NELSON HWY
General Information
Standard status
Pending
Size
4,279 SF
Lot size
1.71 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$1,938
Building Details
Year Built
1988
Listing Agency:
COTTONWOOD COMMERCIAL LLC
(540) 434-9922
Listed By:
ISAAC GRANT
(540) 448-1588
Source:
Corcoran
Added: Feb 16
Changed: Aug 8
Last Checked: Jul 23 at 9:05AM
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 COTTONWOOD COMMERCIAL LLC
Investment Insights
Based on property information with market context.
This turnkey property features a convenience store, gas station, and restaurant. Located along a road with over 16,000 vehicles passing daily, the site benefits from high visibility and a steady flow of commuters. The established location offers multiple revenue streams, including a fully equipped convenience store, active fuel pumps, and an on-site restaurant. The property has undergone extensive renovations in the past couple of years and is well-maintained. A two-bedroom, one-bathroom apartment is located on the second floor. The property size is 4279 square feet. The intended use of the property is for a convenience store, gas station, and restaurant. The restaurant is named "Indian Oven". The property is ready for a new owner to operate from day one.
Key Highlights
- Turnkey operation: Convenience store, gas station, and restaurant all in one.
- High traffic location: Over 16,000 vehicles per day on Route 29.
- Multiple revenue streams: Benefit from convenience store, fuel sales, and restaurant income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 22949, VA
1,322
Population
758
Households
1.7
Avg Household Size
51
Median Age
30%
College-Educated
86%
High-School Grad
40.3 sq mi
ZIP Area
33
Density / Sq Mi
$50,234
Median Household Income
$41,375
Median Earnings
$259,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Established convenience store, gas station, and restaurant with apartment.
Where is this grocery and convenience store located?
The property is located at 10761 THOMAS NELSON HWY Lovingston, VA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Turnkey operation: Convenience store, gas station, and restaurant all in one.; High traffic location: Over 16,000 vehicles per day on Route 29.; Multiple revenue streams: Benefit from convenience store, fuel sales, and restaurant income.
