Property Listing No Longer Available for Sale

10292 E Patrick Henry Road

Ashland, VA

Retail for Sale - $2,429,000 - 1,473 Sq. Ft. on 2.2 acres


Property Info

CIMLS#971201
Location
  10292 E Patrick Henry Road
  Ashland VA 23005
UpdatedDecember 29th, 2017
TypeRetail
Price$2,429,000
Building1,473 Sq. Ft.
Land2.2 acres

Property Description

Development opportunity, includes a cash flowing retail service station at a power corner just of I-95. This 2.2 acre site is being offered for sale with easy access and great street visibility. The site is prime for further retail development, or hotel/motel just feet from Interstate 95. This is one of the few B2 development sites at Exit 92. It is across from land zoned for Planned Unit Development (PUD), and other newly built residential subdivisions. Utilities on site, close to new residential subdivisions and additional commercial growth. Three pumps do over 700K gallons a year, Convenience Store grosses $350K annually. This site is ripe to be further developed for retail strip center or hotel/motel...and you get paid to wait with cash flow from service station.

Location Description:

Just off of I-95 access ramp (exit 92) in Ashland, VA, located on the corner of E Patrick Henry Rd (RT 54) and Telcourt Road (RT 806) . One of the few B2 zoned parcels on the east side of the interstate - across from land zoned for Planned Unit Development, and other newly built residential subdivisions.

Highlights:

>> 2.2 acres development opportunity, ideal for retail or hotel/motel

>> Property located just off Interstate 95 (Exit 92B)

>> Corner Lot easily accessible for all directional traffic

>> Prime location with excellent street visibility and high daily traffic counts

>> $350K annual from Convenience Store, 700K annual gallons among 3 pumps

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Financials