2301-2315 E Main, Acre plus 300 ft frontage on E Main

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30034634
Property Subtypes: Street Retail
Status: Pending/Contingent
Building Size (RSF): 4,506 SF
Gross Building Area: See Agent
Gross Land Area: 0.98 Acres
Sale Price: $410,000
Unit Price: $90.99 PSF
Property Use Type: Vacant/Owner-User
Building Name: Charlie's Quick Stop & Main Office
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/14/2017

Overview / Comments

former Charlie's Quick Stop one of four buildings located at 2301 - 2315 E Main Street in the bustling Main Street corridor of Chattanooga. Charlie's Quick Stop building one, 1910 era marbleized brick office building two, and 1930's era house is building three. Four parcels yield almost one acre combined with 300 feet of E Main Street road frontage. C-2 Zoning with upside retail potential.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Submarket Type: Redevelopment District
Taxing Authority: Chattanooga
Tax ID/APN: 156C N 022; 156C N 021; 156C N 020; 156C N 019
Zoning: C-2
Retail Clientele: Business
Property Located Between: between Lyerly & S Watlkins on E Main Street
Property Visibility: Excellent
Largest Nearby Street: E. Main Street
Feet of Frontage: 300
Traffic/Vehicle Count: 6,552
Highway Access: 5 Minutes to I-24 West (Nashville, TN) or I-24 East (I-75 Knoxville or Atlanta)
Airports: Chattanooga Metropolitan Airport
Site Description: 4 parcels totaling .98 acre with 4 buildings and 300 feet of E Main Street frontage zoned C-2 and good traffic counts.
Area Description: East end of new developments on E Main Street between Lyerly & S Watkins Streets. Nearby proximity to Standard Coosa Lofts a $57 million prospective housing development.
Tenancy: Multiple Tenants
Total Number of Buildings: 4
Number of Stories: 1
Typical SF / Floor: 2,450 SF
Property Condition: Fair
Year Built: 1940
Year Renovated: 1993
Roof Type: Arched
Construction/Siding: Brick
Exterior Description: 4 Separate buildings from block, mableized brick front, wood frame, and white stucco
Parking Type: Surface
Parking Description: Surface up to building
Interior Description: 4 separate buildings, potential residence, office, retail store, and storage (roof removed).
Zoning Description: C-2
Lot Frontage: 300' total
Lot Depth: 142
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: single owner
Legal Description: Parcels 156C N 022, 156C N 021, 156C N 020, & 156C N 019

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,778 80,902 148,337
Median Age: 30.27 35.87 36.9
Households: 4,524 32,684 61,463

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