21095 Highway 79

Commercial Gas Station For Sale Property Address: 21095 US-79, Gadsden, TN Property Overview: This well-established gas station offers a lucrative investment opportunity in Gadsden, Tennessee. With consistent fuel and store sales, updated equipment, and additional rental income, this property is primed for continued success. Financial Highlights: Fuel Sales: Monthly: 15,000-20,000 gallons Annual: Approximately 180,000-240,000 gallons Store Sales: Monthly: $75,000 Annual: Approximately $900,000 Additional Income: Adjacent shop rental: $600/month (incremented by $50 annually over the past three years) Operating Expenses: Security Alarm: $50/month Phone and Internet: $150/month Trash Pickup: $250/month Water: $250/month Electricity: $500/month Payroll (including manager's salary): $6,000/month Net Income: Approximately $140,000 annually Property Features: Fuel Contract: Current agreement with Dees Oil, expiring in 2028 Lottery Sales: Authorized retailer Equipment Upgrades: New walk-in cooler for beer and soda Around the World 360 Sandwich and pizza prep table with refrigerator Three deep freezers Site Details: Asphalt Paving: Size: 9,500 sq ft Year Built: 2002 Condition: Average Underground Tank: Capacity: 12,000 gallons Year Installed: 1998 Condition: Average Detached Garage (Finished): Size: 1,320 sq ft Year Built: 2002 Condition: Average Canopy: Size: 576 sq ft Year Built: 1988 Condition: Average Community Insights: Gadsden, Tennessee, is a small town with a population of approximately 474 residents. The town has experienced slight fluctuations in population over recent years. The median age is 52.3 years, and the community is predominantly White (82.45%) and African American (13.93%). The average household income is $58,773, with a poverty rate of 17.09%. Proximity to Larger Towns: Humboldt, TN: Approximately 6 miles northeast of Gadsden Driving time: About 8 minutes Distance Cities +3 Distance Cities +3 Distance Cities +3 Population: Approximately 8,200 residents