Ringgold Rd Automotive or Commercial

Retail-Commercial for Sale
Catylist Listing ID: 30047177
Property Subtypes: Free-Standing Building, Mixed Use, Parking Facility, Restaurant, Retail-Pad, Vehicle Related
Building Size (RSF): 4,636 SF
Gross Building Area: See Agent
Gross Land Area: 2.31 Acres
Sale Price: $875,000
Unit Price: $188.74 PSF
Ceiling: 9 ft.
Property Use Type: Business
Building Name: Superior Auto Sales
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/24/2017

Overview / Comments

Former McDonalds Franchise converted to Superior Auto Sales situated on 2.31 acres fronting on Ringgold Rd. Great traffic counts, close to I-75 and I-24. 3,636 sf main building with 1,000 sf outbuilding used for repair and detail facility. Sellers would consider selling the Used Car business in addition to the land and building.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Chattanooga, TN
Tax ID/APN: 169K E 022
Zoning: C-1
Retail Clientele: General
Property Located Between: McBrien and Spring Creek Rds
Property Visibility: Excellent
Largest Nearby Street: McBrien
Feet of Frontage: 315
Highway Access: Direct Access to Ringgold Rd which feeds to I 75
Airports: Lovell Field - Chattanooga Airport
Site Description: Fully Paved with bumper security fence. 2 site built buildings and 2 outbuildings
Area Description: Increasing Retail Density with Bass Pro Shops, Cabela's, CostCo, Hotels, Hamilton Place Mall all within a few minutes of this heavily traveled connector.
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Average
Year Built: 1962
Year Renovated: 2012
Roof Type: Mansard
Construction/Siding: Brick, Metal/Glass
Exterior Description: Brick, Glass, Siding
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Evaporative Cooler, Package Unit
Internet Access: Gigabit
Interior Description: Offices
Zoning Description: Commercial Multi-use C1
In Flood Plain?: Yes
Lot Frontage: 315'
Lot Depth: 335'
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lts 1 & 2 McDonalds Addn Pb33 pg 32 4 0319 09 036A

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,311 71,783 156,118
Median Age: 40.76 38.5 37.56
Households: 4,543 30,760 64,376

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