205 Forest Ave

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30153229
Status: Pending/Contingent
Building Size (RSF): 1,116 SF
Gross Land Area: 0.25 Acres
Sale Price: $375,000
Unit Price: $336.02 PSF
Property Use Type: Business
Building Name: Aspen Hair Salon
Usable Size (USF): 1,116 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 12/28/2017

Overview / Comments

Great opportunity to own property in North Chattanooga currently zoned R-4. Whether you are looking for an investment opportunity or for updating for your own use, then this could be the property for you. Centrally located, enjoy walking or biking to the North Shore and downtown and all that they both have to offer, including restaurants, shops, parks and the River Walk. You are also a quick drive to schools, hospitals and all points in between. Value is truly in the land. The building is currently occupied by a Salon which has tenant's rights through December 2017, so please do not disturb without an appointment.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 135e C 014
Zoning: R-4
Property Located Between: Frazier Ave and Market St
Property Visibility: Good
Highway Access: 24, 27
Airports: Chattanooga
Area Description: Located on a street mixed with single family and businesses close to the North Shore and downtown Chattanooga
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,116 SF
Year Built: 1925
Construction/Siding: Brick
Exterior Description: bungalow
Parking Type: Other
Parking Description: Driveway, street
Sprinklers: None
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, DSL, Gigabit
Interior Description: One level over an unfinished basement/cellar.
Zoning Description: R-4. Buyer to verify through RPA if it is important to them
Lot Frontage: 55.5
Lot Depth: 165
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Blk 4 Frazier Addn No 1 Pb4 Pg16

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,099 53,042 129,800
Median Age: 33.97 34.74 37.14
Households: 3,106 21,986 54,392


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