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The Blackstone Market Convenience Store has been servicing the Oak Hill neighborhood for decades. Located at the corner of Patt St and East Ave, this location offers incredible exposure on a high traffic road and easy access to customers. The building is ~2000 sqft set on a ~11,600 sqft lot in a Commercial Local (CL) zone. The store offers Tobacco and Cigarette, Ice-Cream, ATM, Coffee, Beverages and Food. The store also comes with a fully furnished commercial kitchen for pizzas and sandwiches that hasn't been in operation in several years but offers a new owner an immediate growth avenue for the business. Other ideas to expand the operation include: Lottery, expand coffee shop offerings, deli. The sale price includes the cost of the business operation and the cost of inventory. The buyer will also be renting the spaces from the current owner/operator. Asking rent is $2,800 NNN per month or $16.6 per sqft per year base rent. NNN is approximately an additional $7 per sqft per year. Cost of inventory is ~$30,000.

Property Details of 385 East Avenue, Oak Hill

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Listed by Jeremie Blum of eXp Realty

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