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Bestmart Convenience Center 21915 AL Philpott Hwy 66,615 SF 100% Leased Retail Building Spencer, VA 24165 $2,500,000 ($37.53/SF)
EXECUTIVE SUMMARY
High-visibility mixed-use property on (US-58) A L Philpott Hwy. Site includes a gas station and convenience store with canopy, a highway-front showroom/lot ideal for auto or equipment sales, three fully leased apartments generating steady residential income, and a separate two-bedroom rental house with its own driveway. Public water and sewer, generous paved parking, and easy in-and-out access from the highway. Multiple revenue streams make this an attractive play for an owner-operator or investor seeking diversified cash flow.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
66,615 SF
Building Class
C
Year Built
1950
Price
$2,500,000
Price Per SF
$37.53
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.50
Lot Size
1.02 AC
Opportunity Zone
Yes
Zoning
A1
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 183610000 | Improvements Assessment | $172,300 |
| Land Assessment | $20,000 | Total Assessment | $192,300 |
PROPERTY TAXES
Parcel Number
183610000
Land Assessment
$20,000
Improvements Assessment
$172,300
Total Assessment
$192,300
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Presented by
Vaughn Real Estate Inc.
Bestmart Convenience Center | 21915 AL Philpott Hwy
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