Neighborhood Center in Business District

Retail-Commercial for Sale
Catylist Listing ID: 29984903
Property Subtypes: Street Retail
Building Size (RSF): 25,445 SF
Gross Land Area: 2.89 Acres
Sale Price: $500,000
Unit Price: $19.65 PSF
Property Use Type: Vacant/Owner-User
Building Name: Neighborhood Center in Business District
Usable Size (USF): 25,445 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/25/2017

Overview / Comments

Cash to seller.

Additional Details

Nearest MSA: Chattanooga
County: Walker
Tax ID/APN: 0010B-015, 0010B-16, 0010B-17
Property Visibility: Good
Site Description: One large shopping center which has most recently been used as River of Life Church youth and children's education space. Building 2 has 9 classrooms/offices, 2 assembly areas, kitchen, dock, warehouse with rollup door. Space can easily be converted to a 4 suite neighborhood center, office suites, or warehouse, distribution center, call center or flex space.
Area Description: Located 1 mile off I-75 with easy access to interstate among breath taking scenery, historical roots, top preforming schools, top healthcare facilities and low cost of living. Also known as the "Gateway to Georgia," the area population is young, diverse, educated and upwardly mobile of more than 500,000. Creating a workforce of more than 250,000 for new and expanding companies in Northwest Georgia. Compared to Georgia's metro regions, property tax rates in Northwest Georgia are relatively low and local incentives can help reduce them even further.
Number of Stories: 2
Year Built: 1984

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,338 58,982 138,023
Median Age: 39.91 38.58 38.15
Households: 3,103 25,824 57,027

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