1st Street Property

Retail-Commercial for Sale
Catylist Listing ID: 30447266
Property Subtypes: Mixed Use
Building Size (RSF): 10,920 SF
Gross Building Area: See Agent
Gross Land Area: 0.36 Acres
Sale Price: $469,900
Unit Price: $43.03 PSF
Ceiling: 21 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: 6.0%
Last Updated: 7/23/2019

Overview / Comments

Investor Liquidating....Approx 10,920 sq. foot brick building in Central Business District. Could be used for multiple purposes. Offers bathrooms, offices, warehousing, business services. Lots of open area, Roll-Up door, & display windows. This building is also for lease. Call for details and showings.

Attachments & Media

Financials

Finance Data Year 2018
Potential Rental Income $33,600 (Annual)
Gross Operating Income $8,400 (Annual)
Net Operating Income $25,200 (Annual)
Actual or Proforma Year Proforma

Additional Details

Nearest MSA: Cleveland
County: Bradley
Taxing Authority: Cleveland
Tax ID/APN: 049N-L-004.00
Zoning: CBD
Retail Clientele: Business
Property Located Between: Central Business District
Property Visibility: Good
Largest Nearby Street: Ocoee
Feet of Frontage: 147
Highway Access: I-75
Airports: Cleveland Jet Port
Site Description: Central Business District
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1920
Year Renovated: 2010
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick
Total Parking Spaces: 15
Parking Type: Surface
Parking Description: Enclosed, Asphalt/Blacktop
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central, Wall Units
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: CBD
Lot Frontage: 147
Lot Depth: 107
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Easements Description: Utilities
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,856 40,161 65,239
Median Age: 29.41 35.81 36.82
Households: 3,666 15,750 25,161

Contact

Photograph of Listing Agent

Max Phillips

Crye-Leike, REALTORS Greater Chattanooga REALTORS® Member
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