For Sale
$1,000,000

238 Washington StRipley, TN 38063

Profitable C-Store, Gas Station, Turn-Key

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional owner-user opportunity presents a thriving convenience store and gas station located at 238 South Washington Street in Ripley, Tennessee. The 2,314 square foot building sits on a 0.41-acre lot and boasts 100% occupancy. Recent interior renovations include new flooring, coolers, shelving, and updated branding, creating a modern and efficient retail space. All fueling equipment and FF&E are included, making this a true turn-key acquisition. The property enjoys a prime location at a busy intersection, surrounded by major retailers such as Walmart Supercenter, Domino's, Captain D's, Sonic Drive-In, Cash Saver, and Dollar General, ensuring high visibility and consistent customer traffic. The business currently generates strong inside sales and is offered at $1,000,000 ($432.15/sq ft), presenting a significant value-add investment opportunity for an operator seeking to expand into a new market or acquire a profitable, established business. Financial records demonstrate consistent profitability, allowing for immediate return on investment. This is a rare opportunity to acquire a well-established, high-performing convenience store and gas station in a desirable location. The property is ready for immediate operation, minimizing start-up costs and maximizing potential for growth.

Highlights

  • Owner-user opportunity: C-store business and real estate are for sale.
  • Recently renovated: New floors, coolers, shelving, and branding.
  • Turnkey operation: All fueling equipment and FF&E included.
  • Strong financials: Absentee-owned, currently profitable.
  • Prime location: Busy intersection near Walmart, Domino's, and other national tenants.

Property Details for 238 Washington St

Property type
Retail properties, Retail space
Square Feet
2,314 SF
Lot Size (sq. ft)
17,860 SF

Location Insight

City
Ripley
County
Lauderdale
State
Tennessee
Latitude
35.743155344922
Longitude
-89.537493548836
238 Washington St, Ripley, Tennessee

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238 Washington St
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