Honda of Chattanooga Property - Hwy 58
Retail-Commercial
for Sale
Catylist Listing ID: |
30585524 |
Property Subtypes: |
Free-Standing Building, Street Retail, Vehicle Related
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Building Size (RSF): |
26,160 SF
|
Gross Land Area: |
2.08 Acres
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Sale Price: |
$2,300,000 |
Unit Price: |
$87.92 PSF |
Property Use Type: |
Investment, Vacant/Owner-User, Business |
Building Name: |
Honda of Chattanooga |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
1/13/2021 |
Overview / Comments
The main building located at 4915 Hwy. 58 was built in 1998, consist of approx. 20,560 SF. of Showroom / Parts / Service / and Warehouse areas which are currently being used for the Honda of Chattanooga Motorcycle Dealership. There is a separate storage/warehouse building, built in 2006, which has approx. 5,600 SF bringing the total Building area to approx. 26,160 SF. The Building sits on approx. 2 acres of land and is zoned C-2. There is a separate parcel of land zoned C-2 and M-3 located at 4978 Gold Wing Way, containing approx. 4.4 acres +/- of flat level graded property, that sits directly behind the dealership building, that has a Cell Tower with monthly income that can be purchased separately. This price is ONLY for the Real Estate (2.08 Acres) and Building(s) of approx. 26,160 SF. located at 4915 Hwy. 58.
Square footage and acreage is taken from the Tax Records and is deemed reliable but not guaranteed. Listing Agent has not measured the space / building and does not guarantee the accuracy of the number of square feet or acreage. Square feet and acreage need to be verified by Purchaser / Tenant.
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Additional Details
Nearest MSA: |
Chattanooga |
County: |
Hamilton |
Taxing Authority: |
Hamilton County |
Tax ID/APN: |
120O-J-012.08 |
Zoning: |
C-2 |
Retail Clientele: |
General, Business, Tourist, Recreation |
Property Visibility: |
Excellent |
Largest Nearby Street: |
Highway 58 |
Feet of Frontage: |
60 |
Traffic/Vehicle Count: |
39,000 |
Highway Access: |
State Route Hwy. 58 and State Route Hwy. 153. |
Airports: |
Chattanooga Airport |
Area Description: |
Located on Hwy. 58 near the Intersection of Jersey Pike and Hwy. 58. Close to Volkswagen Assembly Plant and Amazon. |
Tenancy: |
Single Tenant |
Total Number of Buildings: |
2 |
Number of Stories: |
1 |
Property Condition: |
Excellent |
Year Built: |
1998 |
Year Renovated: |
2006 |
Construction/Siding: |
Block, Metal Siding |
Exterior Description: |
Block and Metal Siding. |
Total Parking Spaces: |
29 |
Parking Type: |
Surface |
Parking Description: |
Paved Concrete Parking Surface. |
Heat Type: |
Natural Gas |
Internet Access: |
Gigabit |
Zoning Description: |
C-2 |
Lot Frontage: |
60' |
Lot Depth: |
330' |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Land Ownership: |
Fee Simple |
Legal Description: |
Hamilton County Tax Parcel # 120O-J-012.08 |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
7,269 |
30,300 |
115,206 |
Median Age: |
40.27 |
42.55 |
40.28 |
Households: |
3,233 |
13,127 |
47,803 |
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Neither Greater Chattanooga REALTORS® nor
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