961 Temple Ave Colonial Heights, VA 23834-2800
This exceptional investment opportunity presents a thriving 2,675 square foot convenience store and gas station, ideally situated on a 0.75-acre lot at 961 Temple Avenue in Colonial Heights, Virginia. Built in 1992, the property boasts a prime location in the heart of Colonial Heights, enjoying high visibility and convenient access. Its strategic placement directly across from Southpark Mall ensures consistent foot traffic and a strong customer base. The property is zoned B1, offering flexibility for potential future expansion or modifications within permitted uses. The existing business operations provide a proven track record of profitability, making this an attractive proposition for investors seeking a stable, income-generating asset. The asking price for this turnkey operation is $1,500,000. This well-established business offers a rare chance to acquire a profitable retail property in a high-demand area. The substantial lot size also presents opportunities for future development or expansion, adding further value to this already successful enterprise. Detailed financial records are available upon request. Don't miss this chance to own a piece of Colonial Heights' thriving retail landscape.
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Sunoco Gas Station Gas Station
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ATM (Uppy's Convenience Store) Atm
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Western Union Bank Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B1 · Colonial Heights, VAColonial Heights. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.