Commercial Space

Retail-Commercial for Sale
Catylist Listing ID: 30784552
Property Subtypes: Street Retail
Building Size (RSF): 1,200 SF
Gross Land Area: 1,307 SF
Sale Price: $160,000
Unit Price: $133.33 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Usable Size (USF): 1,200 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/23/2022

Overview / Comments

All brick commercial space on corner lot in neighborhood undergoing revitalization.
Space has been renovated in the last three years. Has been used as shoe store in the past. Separate building outback may or may not transfer with the property.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033137A N 00500P000
Retail Clientele: General, Family, Traveler, Tourist
Property Located Between: north of Glass Street
Property Visibility: Excellent
Largest Nearby Street: Glass Street
Site Description: Corner lot; out building may or may not transfer with the property.
Area Description: Neighborhood has several small businesses and a new grocery store. A new industrial plant is being constructed within one mile.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 15
Typical SF / Floor: 1,200 SF
Property Condition: Average
Year Built: 1920
Year Renovated: 2018
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: All brick
Parking Type: Surface
Parking Description: street parking
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Front area has exposed brick wall and glass windows on the front with tile entryway. Glass wall divides front area and office area. Restroom available and kitchen nook can be used as snack area. Stairs leading up to area that can be used for storage.
Zoning Description: Commercial, last use was office space for nonprofit organization.
Lot Frontage: 20.45
Lot Depth: 60
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lts 21,58 Spring Place Addn Pb3 Pg1 9

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,634 58,043 154,649
Median Age: 34.88 35.86 37.39
Households: 3,355 23,159 65,986


Photograph of Listing Agent

Joyce A Smith

Keller Williams Realty Greater Chattanooga REALTORS® Member
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