For Sale
$699,900

14308 Porterfield HwyAbingdon, VA 24210

High-traffic gas station, Abingdon, VA

Overview

Added:
Dec 11, 2024
Days on market:
113
This Abingdon, VA gas station presents a compelling investment opportunity. Located at 14308 Porterfield Hwy, this single-tenant retail property boasts 1,584 square feet on a half-acre lot (21,780 sq ft). The property, built in the 1950s, is zoned B2 Business General and enjoys 100% occupancy. With four gas pumps, it serves a thriving community. The projected 2023 population within a five-mile radius exceeds 12,000, with median household incomes surpassing $56,000, indicating strong consumer spending potential. The asking price is $699,900, translating to $441.86 per square foot. This established business offers immediate cash flow and significant potential for future growth and expansion within its established market. The property's one-story design and ample parking provide operational efficiency and convenience for customers. This is a rare opportunity to acquire a well-positioned, profitable gas station in a desirable location. The property's strong financials and location make it an attractive investment for those seeking a stable and growing commercial asset. Contact us today to learn more.

Highlights

  • Abingdon, VA gas station; 1,584 SF on 0.5-acre lot (21,780 SF).
  • Single-tenant, 100% occupancy.
  • B2 Business General zoning.
  • Four gas pumps.
  • Asking price: $699,900 ($441.86/SF).

Property Details for 14308 Porterfield Hwy

Property type
Retail properties, Gas stations
Square Feet
1,584 SF
Lot Size (sq. ft)
21,780 SF

Location Insight

City
Abingdon
County
Washington
State
Virginia
Latitude
36.7419714
Longitude
-82.0441829
14308 Porterfield Hwy, Abingdon, Virginia

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14308 Porterfield Hwy
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