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Gas Station With Convenience Store
For Sale
$750,000

5385 River Rd, Washington, NC 27889

Leased petroleum facility with an on-site convenience store and a five-year renewal option.

Property Size2,740 SF
Lot Size0.67 Acres
Price / SF$273.72
Days on Market41

Property Features for 5385 River Rd

General Information

Standard status Active
Size 2,740 SF
Lot size 0.67 Acres

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1979
Buildings 1
Listing Agency: Coldwell Banker Sea Coast Advantage - Washington
Listed By: Cynthia Gail Kenefick · License #231456
Source: Ibxcoastalliving
Added: Jul 20 Changed: Aug 29 Last Checked: Aug 25 at 4:54AM

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 Sea Coast Advantage - Washington

Investment Insights

Based on property information with market context.

This gas station property combines a petroleum facility with a 2,593 SF convenience store on .67 acre of improved commercial land. The building dates to 1979, and the operating business is currently leased with a five year renewal option.

The property is positioned at the junction of HWY 32 Broad Creek Road and River Road, with an address at 5385 River Rd in Washington, NC 27889. The asset offers an established combination of retail convenience space and petroleum-related improvements.

Key Highlights

  • 2,593 SF convenience store and petroleum facility
  • .67 acre of improved commercial land
  • Currently leased business with a five year renewal option

Property Analytics

Current Use

Handy Mart Grocery & Convenience Store Exxon Gas Station Western Union Bank

Suggested Use

Top Pick Restaurant Storage Facility Home Appliance Store

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
4,467 visits/mo 0.3 miles
Exxon Shops & Services
2,454 visits/mo 0.0 miles

Demographics for 27889, NC

26,054
Population
12,956
Households
2
Avg Household Size
45
Median Age
21%
College-Educated
87%
High-School Grad
176.1 sq mi
ZIP Area
148
Density / Sq Mi
$52,694
Median Household Income
$36,058
Median Earnings
$847
Median Rent
$184,100
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
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Frequently Asked Questions

What type of property is this?
Gas station - Leased petroleum facility with an on-site convenience store and a five-year renewal option.
Where is this gas station located?
The property is located at 5385 River Rd Washington, NC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 2,593 SF convenience store and petroleum facility; .67 acre of improved commercial land; Currently leased business with a five year renewal option
More about this property
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