5812 Hwy 25/70 Hwy Hot Springs, NC 28743
- Retail properties
- 1,800 SF
- 0.50 lot acres
Current Use by Public Records
- Retail properties
Property Details for 5812 Hwy 25/70 Hwy
- Year built
- 1975
- Lot size
- 0.50 lot acres
- Property size
- 1,800 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This 1,800 square foot convenience store and gas station, located at 5812 Hwy 25/70 Highway in Hot Springs, North Carolina (zip code 28743), presents a compelling investment opportunity. Built in 1975, the property sits on a half-acre lot (APN 8841-11-9868) and is zoned RA. The brick building features a metal roof, central heating and air conditioning, a walk-in cooler, two bathrooms, and operational gas pumps, including a dedicated diesel tank and pump. The property benefits from a high-visibility location, capturing traffic from both North Carolina and Tennessee, just five miles from Hot Springs and near the state line. The existing infrastructure includes a shared well and a shared, large septic system. A property survey is currently being finalized by the owner. The asking price is $229,000, translating to $127 per square foot. This turnkey operation offers immediate income potential and significant upside for a savvy investor. The property's strategic location and existing infrastructure make it an ideal acquisition for an entrepreneur seeking a profitable venture in a desirable area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hot Springs
- County
- Madison
- State
- North Carolina
- Longitude
- -82.912
- Latitude
- 35.918
