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644 Ardmore Hwy
Taft, TN 38488
Kirkland Grocery and Deli · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Convenience Store
Building Size
1,400 SF
Building Class
B
Year Built/Renovated
1950/2015
Tenancy
Single
Building Height
1 Story
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)

Amenities

  • Banking
  • Food Court
  • Restaurant
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning

About 644 ARDMORE HWY , TAFT, TN 38488

Owner Retiring!! TURN-KEY Gas Station/Convenience Store/Deli For Sale - Lower Middle Tennessee. Please contact the owner at crocket@mediacombb.net for additional information. As stated this is a TURN-KEY opportunity that includes the building, business, inventory, equipment, and a 2 bedroom, 1 bath apartment. Kirkland Grocery is located on Tennessee State Route 110, 7 miles southwest of Fayetteville TN and 29 miles northeast of Ardmore AL. and is 4 miles from it's nearest competitor. This is a local business in the unincorporated Lincoln County Tennessee community of Kirkland. Lincoln County is located on the Tennessee/Alabama state line and is 90 miles south of Nashville TN and 30 miles north of Huntsville AL and is a predominantly rural and farming/agricultural community with some manufacturing businesses in the county seat of Fayetteville. This is a phenomenal business; don't be deceived by its location and size. The building consists of maintenance-free metal siding with a metal roof. The convenience store offers a range of items from canned foods, ice, LP gas cylinders, newspapers, candy, chips, paper products, and milk, to beer and tobacco products ... plus a wide-range of convenient items to preclude a "run to town." A local "home town" bank provides an ATM for customer convenience. There is a climate controlled pantry storage off the deli. And there is also a large storage area with a garage door opening to the front with an additional entry from the store. The deli offers breakfast sandwiches and made-to-order plates, plate lunches, panini, wings, and a list of short order items along with in-house pizza. The 2 gas pumps offer 3 grades of fuel (Regular, Ethanol Free, and Diesel) and are operational 24-hours per day ... the only 24-hour pumps available with-in a 10+ mile radius. Fuel tanks are located above ground to avert potential soil contamination and allow for easy inspection. An additional potential income stream could be added by offering sales of the Tennessee Lottery. The current owner had decided against offering this potentially lucrative product. The Tennessee Lottery currently pays retailers 6.5% of sales. As stated, this is a "turn-key" business deal. Purchase price includes all real estate, inventory, and equipment. Real estate includes the recently renovated store AND a recently renovated on-site two bedroom one bath apartment ... which is currently rented. The new owner would have the option of continuing with the rental or using it as an on-site home. Lincoln County boasts a LOW property tax rate of $2.34 per $100 and Tennessee has NO state income tax. This property is within a 40-mile radius on SEVERAL current or in-progress major job suppliers: the Army's Redstone Arsenal, NASA's Marshall Space Flight Center, a Toyota Engine Plant, a new, in-progress $750M FaceBook Data Center, a new, in-progress $1.6B Toyota/Mazda manufacturing plant, and a new FBI Training Facility ... just to name a few. Middle Tennessee is also a sportsman's paradise with plentiful hunting (deer, turkey, etc), fishing, and boating (Lake Guntersville is a stop for the Bassmaster Elite Series). The list for historical locations to visit are too NUMEROUS to list, but include several civil war battle fields and Presidential homes. Also within a 90-mile radius are stops like the Grand Ole Opry in Nashville and the Jack Daniels Distillery in nearby Lynchburg. Financing will be the responsibility of the buyer. Owner financing is NOT available on this purchase. A deposit of $1000.00 will be due within 48 hours. The remainder will be due at closing. For additional questions concerning a possible purchase, please send me a message and I will forward them to the owner. Please view the photos closely and carefully as they are part of the description. PLEASE feel free to ask questions!

  • Listing ID: 14175496

  • Date on Market: 10/24/2018

  • Last Updated:

  • Address: 644 Ardmore Hwy, Taft, TN 38488

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