238 Washington St Ripley, TN 38063

Property Details for 238 Washington St

Year built

1976

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.41 lot acres

Property size

2,314 SF

Zone code

B2

Property type

Grocery and convenience stores

APN

049095A F 01400

APU

049095AF01400

Description

This exceptional owner-user opportunity presents a thriving convenience store and gas station located at 238 South Washington Street in Ripley, Tennessee. The 2,314 square foot building sits on a 0.41-acre lot and boasts 100% occupancy. Recent interior renovations include new flooring, coolers, shelving, and updated branding, creating a modern and efficient retail space. All fueling equipment and FF&E are included, making this a true turn-key acquisition. The property enjoys a prime location at a busy intersection, surrounded by major retailers such as Walmart Supercenter, Domino's, Captain D's, Sonic Drive-In, Cash Saver, and Dollar General, ensuring high visibility and consistent customer traffic. The business currently generates strong inside sales and is offered at $1,000,000 ($432.15/sq ft), presenting a significant value-add investment opportunity for an operator seeking to expand into a new market or acquire a profitable, established business. Financial records demonstrate consistent profitability, allowing for immediate return on investment. This is a rare opportunity to acquire a well-established, high-performing convenience store and gas station in a desirable location. The property is ready for immediate operation, minimizing start-up costs and maximizing potential for growth.

Location Insight

City

Ripley

County

Lauderdale

State

Tennessee

Longitude

-89.537

Latitude

35.7432

Property Tax & Assessments