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Ripley Gas Station Investment Opportunity
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238 Washington St, Ripley, TN 38063

Renovated gas station and convenience store in Ripley, Tennessee.

Property Size2,314 SF
Price / SF$561.80
Days on Market684

Property Features for 238 Washington St

General Information

Standard status Active
Size 2,314 SF
Property subtype Retail
Zoning B2
Occupancy 100%
Investment Type Owner/User

Building Details

Year Renovated 2024
Units 1
Listing Agency: Acme Property Group
Listed By: Zach Rogers · License #GA 359958
Source: Crexi
Added: Oct 18, 2024 Changed: Aug 31 Last Checked: Sep 1 at 10:17AM

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 Acme Property Group

Investment Insights

Based on property information with market context.

This Marathon/Little General gas station and convenience store in Ripley, TN, presents a prime investment opportunity. The property has been recently renovated with a modern and welcoming interior. A newly added food concept enhances its appeal and attracts more foot traffic. The gas station benefits from limited competition in the surrounding area, serving both locals and travelers. Gas volume is roughly 34,000 gallons a month. Interior games and lottery are available on-site. The property is strategically located one hour from Memphis International Airport and has easy access to Highway 51, positioning it to serve a high-traffic area. Surrounded by dense residential communities, it benefits from a steady stream of loyal customers, making it a stable investment. The property size is 2314 square feet and is located at 238 Washington St, Ripley, TN 38063.

Key Highlights

  • High‑traffic location with limited competition, serving both locals and travelers.
  • Newly renovated interior and added food concept, enhancing customer appeal and increasing foot traffic.**
  • Turnkey investment opportunity with a well‑established Marathon/Little General gas station and convenience store.**

Property Analytics

Current Use

Little General 03 Grocery & Convenience Store Cox Oil Company, ... Gas Station ATM (Little General) Atm

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Skin Care Clinic Pharmacy Storage Facility

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

261
Businesses Nearby
19k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 56% Shops & Services 44%
SONIC Drive In Dining
10,550 visits/mo 0.3 miles
Dollar Tree Shops & Services
5,343 visits/mo 0.2 miles
Citgo Shops & Services
1,627 visits/mo 0.2 miles
Marathon Petroleum Shops & Services
1,386 visits/mo 0.1 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

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?
Gas station - Renovated gas station and convenience store in Ripley, Tennessee.
Where is this gas station located?
The property is located at 238 Washington St Ripley, TN.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: High‑traffic location with limited competition, serving both locals and travelers.; Newly renovated interior and added food concept, enhancing customer appeal and increasing foot traffic.**; Turnkey investment opportunity with a well‑established Marathon/Little General gas station and convenience store.**
(770) 450-9892 Call to check price and availability
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