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Turnkey Convenience Restaurant With Drive-Through
For Sale
$1,375,000

500 S WASHINGTON St, Ripley, TN 38063

COMMERCIAL - Ripley, TN

Property SizeContact for details
Days on Market164

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

9-door cooler
beer cave
commercial ice machine with bagger
ice merchandiser
ample storage
modern surveillance
updated signage

Building Details

Year built 2026
Listing Agency: Pinnacle Realty
Listed By: Brendan Barriere
Added: Mar 19 Changed: Aug 4 Last Checked: Aug 29 at 2:06PM
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.

Turnkey commercial property designed for immediate operation, featuring a commercial kitchen and retail components supporting convenience-style sales. The space includes a 9-door cooler, a beer cave, a commercial ice machine with bagger, an ice merchandiser, and ample storage. Equipment is described as fully upgraded and code-compliant, with a layout intended to support efficient, high-volume workflow.

A drive-through window provides an additional point of customer service. The property is also noted to include modern surveillance, updated signage, and essential safety features.

The listing positions the build as move-in ready with multiple income opportunities tied to convenience, deli, catering, and beverage and lottery-type offerings, supported by the included refrigeration and ice merchandising equipment.

Key Highlights

  • Turnkey commercial property ready for immediate operation with multiple income opportunities.
  • Fully upgraded and code‑compliant with all new equipment, including a 9‑door cooler, beer cave, commercial ice machine with bagger, and ice merchandiser.**
  • Drive‑through window provides added customer convenience.

Property Analytics

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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Turnkey commercial kitchen and retail space with a 9-door cooler and drive-through window for added customer convenience.
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: Turnkey commercial property ready for immediate operation with multiple income opportunities.; Fully upgraded and code‑compliant with all new equipment, including a 9‑door cooler, beer cave, commercial ice machine with bagger, and ice merchandiser.**; Drive‑through window provides added customer convenience.
More about this property
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