Prime 2-Story Downtown Opportunity For Sale

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30170002
Property Subtypes: Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
Status: Pending/Contingent
Building Size (RSF): 5,000 SF
Gross Building Area: See Agent
Sale Price: $695,000
Unit Price: $139 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/10/2017

Overview / Comments

Great opportunity to own a 2 story multiple-use building in the heart of downtown at 4th and Market.

First floor is 2,500sf with a very open floor plan, bathrooms, large bar and working kitchen area.

Second floor is also 2,500sf with an additional bar with adjacent raised dance/seating area. Bars on both floors have new tile work done and are in great condition.

The floor plan lends itself very well to a multitude of uses. The second floor can be accessed through a separate entrance/staircase at the front of the building or through a staircase in the back of the first floor.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 135MDA 003
Property Located Between: 4th St and 5th St
Property Visibility: Good
Feet of Frontage: 25
Highway Access: I-27 entrance on 4th St
Number of Stories: 2
Typical SF / Floor: 2,500 SF
Lot Frontage: 25
Lot Depth: 100

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,174 48,763 128,103
Median Age: 32.04 33.81 37.12
Households: 3,804 19,658 53,376

Contact

Photograph of Listing Agent

Virginia F Brockman

KW Commercial GCAR CMLS Member
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