Property summary
This exceptional commercial property in Narrows, Virginia, presents a unique investment opportunity. Located directly off Route 460, this 1.25-acre site boasts a thriving, well-established business encompassing a fully operational gas station, a popular convenience store, and a hardware store. The combined businesses cater to both the local community and the steady stream of travelers passing through on Route 460, ensuring a consistent customer base. The property's prime location offers excellent visibility and accessibility, maximizing its potential for continued success and growth. The existing infrastructure is fully operational and ready for immediate ownership, minimizing upfront investment and allowing for a seamless transition. This turnkey operation provides a rare opportunity to acquire a profitable, established business in a desirable location with significant growth potential. The high traffic count on Route 460 guarantees a large pool of potential customers, while the existing loyal customer base ensures immediate revenue generation. This is an ideal investment for an entrepreneur seeking a profitable, established business with a proven track record. The combination of a gas station, convenience store, and hardware store provides diversification and resilience, mitigating risk and maximizing profitability. Don't miss this chance to own a successful and established business in a thriving community.
Property profile
VerifiedCap rate & NOI
Current use
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Car Rental Facility
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Grocery & Convenience Store
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Gas Station
Location
Value estimations
Owner & transaction history
Zoning & alternative use
RESIDENTIAL LIMITED DISTRICT R-1 17-602.01 Intent of Residential Limited District R-1. The intent of the R-1 residential district is to provide for low density residential development which is characterized by large lots…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
R-1 · Narrows, VARESIDENTIAL LIMITED DISTRICT R-1 17-602.01 Intent of Residential Limited District R-1. The intent of the R-1 residential district is to provide for low density residential development which is characterized by large lots…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
RESIDENTIAL LIMITED DISTRICT R-1 17-602.01 Intent of Residential Limited District R-1. The intent of the R-1 residential district is to provide for low density residential development which is characterized by large lots…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-1 in Narrows, VA.
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