1444 Bellview Rd Pikeville, TN 37367
This exceptional mixed-use property in Pikeville, Tennessee, presents a unique investment opportunity. Located at 1444 Bellview Rd, this fee-simple offering encompasses a thriving convenience store, gas station, and grocery store, all situated on a spacious 2.5-acre lot (APN: 012 006.14). The main building totals 1,584 square feet and includes two gas pumps. Built in 2004, the property also features a separate 1-bedroom, 1.5-bathroom cottage generating approximately $8,400 in annual rental income. The convenience store currently offers a diverse range of products, including beer, soft drinks, snacks, and pizza, capitalizing on high daily traffic volume. Included in the sale is substantial equipment valued at over $150,000, comprising gas tanks and pumps, freezers, coolers, a pizza oven and supplies, a hot dog cooker, two safes, and various other inventory items. Additional features include a prep table with cooler and ample shelving. The property's zoning allows for diverse expansion possibilities, such as an RV or mobile home park. The asking price is $359,000 ($226.64 per square foot). All information should be independently verified by the buyer.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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