Signalized Corner former Red Ginger Bistro at Signal Mtn Rd

Retail-Commercial for Sale
Catylist Listing ID: 30277339
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 3,000 SF
Gross Land Area: 0.57 SF
Sale Price: $275,000
Unit Price: $91.67 PSF
Property Use Type: Vacant/Owner-User
Building Name: Red Ginger Bistro
Usable Size (USF): 3,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/16/2019

Overview / Comments

Prime Corner Restaurant location Dayton Blvd @ Signal Mtn Rd. Traffic counts upwards of 18,500 vehicles per day. Great restaurant/take out location. Waffle House adjacent corner and Verizon Wireless in close proximity.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Chattanooga
Tax ID/APN: 126F D 003
Zoning: C-1
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Located Between: Dayton Blvd & Signal Mountain Rd.
Property Visibility: Excellent
Largest Nearby Street: Signal Mountain Rd.
Feet of Frontage: 306
Traffic/Vehicle Count: 18,500
Highway Access: Access to Hwy 27 North & South
Airports: Chattanooga
Site Description: Corner .57 acre lot at intersection of Dayton Blvd. and Signal Mtn Rd, with traffic counts in excess of 18,500. 3000 sf building located to allow maximum parking. Entrance and Exit from Dayton Blvd. and Signal Mtn Rd.
Area Description: Located at the edge of Red Bank, a City of 11,651 people geographically surrounded by the City of Chattanooga in Hamilton County, Tennessee. Minutes from downtown Chattanooga it is conveniently located near a large retail center, quality health care facilities, higher education institutions, fine dining, and a metropolitan airport, Interstates 24 and 75 and US 27.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,000 SF
Property Condition: Average
Year Built: 1947
Year Renovated: 1966
Roof Type: Arched
Construction/Siding: Wood Siding
Exterior Description: 3000 square foot building, parking lot level front entrance. Great visibility and location.
Total Parking Spaces: 25
Parking Type: Surface
Parking Description: Surface parking with easy access to front door entrance.
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, Gigabit
Interior Description: Main and side dining rooms with full kitchen, storage, and back door and side entrance.
Zoning Description: C-1
Lot Frontage: 307'
Lot Depth: 183'
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: Parcel126F D 003, 1801 Dayton Blvd.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,635 43,126 105,065
Median Age: 34.31 38.74 37.23
Households: 1,312 19,282 44,021

Contact

Photograph of Listing Agent

Tad Bromfield

Sentinel Commercial Properties Greater Chattanooga REALTORS® Member
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