Small Restaurant for Sale-Brainerd Rd

Retail-Commercial for Sale
Catylist Listing ID: 30162255
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 1,300 SF
Gross Land Area: 0.42 Acres
Sale Price: $500,000
Unit Price: $384.62 PSF
Ceiling: 10 ft.
Property Use Type: Business
Building Name: Time 2 Eat / Guthries
Usable Size (USF): 1,300 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/26/2017

Overview / Comments

This property was most recently a Guthries/Time 2 Eat restaurant. It was purchased a couple years ago and was totally remodeled into a restaurant. It currently is a drive thru only restaurant. The seller says the purchase of restaurant equipment is negotiable.There is a 1,500 gallon grease trap.

The building is very attractive with good landscaping out front and a concrete parking lot and drive thru lane. The building could be expand with inside seating or an outside deck area in the front. Other possible uses would include a liquor store, convenience store and many retail types.

The location is excellent with about 31,333 cars per day on this portion of Brainerd Rd. It is located between N. Moore Rd and Spring Creek Rd section of Brainerd Rd. It is close to the Wendy's and Burger King on Brainerd Rd.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 157K L 014
Zoning: C-2
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Near N. Moore Rd
Property Visibility: Excellent
Largest Nearby Street: Brainerd Rd
Feet of Frontage: 91
Highway Access: Both N. Moore Rd and Spring Creek Rd are quick acess to I-24.
Airports: Chattanooga Metropolitan
Site Description: The site is level and at street grade. The parking lot is striped and made of concrete. Brainerd Rd in front has four drive lanes with a center turn lane. Egress and ingress is good.
Area Description: Brainerd Rd is a high population density part of town. Brainerd Rd is a major east west artery form downtown to Hwy 153.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,300 SF
Property Condition: Excellent
Year Built: 2001
Year Renovated: 2015
Construction/Siding: Block
Exterior Description: The look is fresh and new.
Total Parking Spaces: 12
Parking Ratio: 10 (per 1000 SF)
Parking Type: Structure, Surface
Parking Description: There are about 12 striped parking space. Spaces are on the side and in the back.
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: The building is mostly an open kitchen floor plan with storeroom and one office.
Zoning Description: C2
Lot Frontage: 91
Lot Depth: 199
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,843 68,190 165,004
Median Age: 36.83 38.35 37.29
Households: 4,179 29,254 68,585

Contact

Photograph of Listing Agent

Robert Fisher

KW Commercial GCAR CMLS Member
© Copyright GCAR Commercial MLS. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither GCAR Commercial MLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.