6364 Cumberland Gap PkwyHarrogate, TN 37752

  • Retail properties
  • 2,733 SF
For Sale
$1,500,000 View listing

Property Details for 6364 Cumberland Gap Pkwy

Year built
1975
Lot size
1.04 AC
Property size (Sq ft)
2,733 SF
Property type
Retail properties
Property subtype
Auto shops
APN
029 00705
APU
2900705

Description

This exceptional commercial opportunity in Harrogate, Tennessee presents a unique investment prospect. Located at the busy intersection of Cumberland Gap Parkway and Forge Ridge Road, this mixed-use property includes a convenience store, gas station, and additional buildings. The gas station, a family-owned business for over 50 years, closed on June 3, 2024, but boasts up-to-date pumps and tanks, ready for immediate reopening under a new brand or repurposing. The property also features a rental home and an additional building/car lot, adding to its versatility and income potential. This strategically positioned asset offers significant growth opportunities for a variety of business ventures. The property is held in trust and is priced at $1,500,000. The address is 6364 Cumberland Gap Pkwy, Harrogate, TN 37752, in Claiborne County. This is a rare chance to acquire a well-established commercial property with substantial upside in a thriving Tennessee market. The property's location ensures high visibility and convenient access for customers. The existing infrastructure and diverse components offer flexibility for various business plans, from continuing the gas station operation to exploring alternative uses for the buildings and land. This is a turnkey opportunity for an investor seeking a profitable and versatile commercial asset.

6364 Cumberland Gap Pkwy, Harrogate, Tennessee

Location Insight

City
Harrogate
County
Claiborne
State
Tennessee
Latitude
36.5641
Longitude
-83.6504

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,960
$82,400
$46,280
$128,680
-
$206,000
$115,700
$321,700

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