HIXSON RETAIL OPPORTUNITY

Retail-Commercial for Sale
Catylist Listing ID: 30053643
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 3,496 SF
Gross Land Area: 0.51 Acres
Sale Price: $294,000
Unit Price: $84.10 PSF
Property Use Type: Investment, Business
Building Name: Blaylock Building
Usable Size (USF): 3,496 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/31/2017

Overview / Comments

Completely remodeled building (3,016 sf) and storage facility(480 sf).
Over 220 sf of frontage and 200' deep lot. Good traffic flow with over 9,000 ADT count. Provided by State of TN.
Great site for a Convenience or Retail Store.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: Map 092 Parcels 112/111
Zoning: C2
Retail Clientele: Business
Property Located Between: S of Southern Restaurant YUM YUM
Property Visibility: Excellent
Largest Nearby Street: Hixson Pike
Feet of Frontage: 220
Traffic/Vehicle Count: 9,000
Highway Access: Approximately 6 miles from SR 153 in Hixson, 14 miles from Interstate 75, 12 miles to downtown Chattanooga and 5 miles from US 27 (Corridor J).
Airports: Chattanooga Lovell Field
Site Description: Level Site
Area Description: Mixed business
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 3,016 SF
Property Condition: Good
Year Built: 1972
Year Renovated: 2017
Roof Type: Flat
Construction/Siding: Vinyl Siding
Exterior Description: Updated
Total Parking Spaces: 20
Parking Type: Surface
Parking Description: Gravel Lot
Sprinklers: None
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Interior vastly improved and ready for new owner.
Zoning Description: C2 (Convenience Commercial, intended for retail, consumer service, financial, restaurant, and office uses)
Lot Frontage: 213'
Lot Depth: 200'
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Fee Simple ownership.
Legal Description: Map 092 Parcel 111 & 112

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,151 29,723 68,550
Median Age: 40.46 42.61 41.09
Households: 437 11,560 27,318
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