Commercial Opportunity in Etowah

Retail-Commercial for Sale
Catylist Listing ID: 30613208
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Street Retail
Building Size (RSF): 400 SF
Gross Building Area: See Agent
Sale Price: $50,000
Unit Price: $125 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 1/22/2021

Overview / Comments

This lot was formerly City Motors Car Lot. It is on the corner of Tennessee Ave (411) and 5th St. There is an additional metal building with a garage door for easy access for supplies. This would be perfect for another car lot, bbq lot, other small drive by pick up restaurant, and other possibilities.

The Seller has recently paved the parking lot, replace plumbing, and painted.

Additional Details

Nearest MSA: Athens
County: McMinn
Taxing Authority: McMinn County
Tax ID/APN: 054118B C 06300
Retail Clientele: General, Family, Business
Property Located Between: 4th and 5th Street
Property Visibility: Good
Largest Nearby Street: Highway 30
Feet of Frontage: 50
Highway Access: 20 minutes to I75
Airports: Chattanooga Metropolitan Airport
Site Description: 2 small buildings, paved lot, corner lot
Area Description: Light commercial, and residential
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Parking Type: Surface
Zoning Description: Commercial
Lot Frontage: 50
Lot Depth: 75
Legal Description: 04 115D G 115D 02200 000 04 115D 02200 000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,786 8,184 10,772
Median Age: 42.02 44.09 43.8
Households: 775 3,349 4,327

Contact

Photograph of Listing Agent

Judy Webster

Keller Williams Realty Greater Chattanooga REALTORS® Member
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