New Development Property Available in North Chatt LINK IN DESCRIPTION

Retail-Commercial for Sale
Catylist Listing ID: 30581691
Property Subtypes: Street Retail
Building Size (RSF): 35,000 SF
Gross Building Area: See Agent
Gross Land Area: 3.65 Acres
Sale Price: $4,400,000 - 7,200,000
Unit Price: $125.71 - 205.71 PSF
Property Use Type: Business
Building Name: Guardian Storage
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/11/2021

Overview / Comments

Approximately six acres in the highly desired area of North Chattanooga is currently ready for development. This location is one mile from the Tennessee River and has a multitude of dining, shopping and recreational opportunities. The income producing property could benefit a buyer as a 1031 Exchange. For more information check out the link below or call Jim Thompson (423)505-8758.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033126M M 04001
Zoning: M-3
Retail Clientele: Business
Property Located Between: Normal Park Museum Magnet Upper School and Hair A Go-Go
Property Visibility: Excellent
Largest Nearby Street: Dallas Road and North Market Street
Feet of Frontage: 500
Highway Access: N/a
Airports: N/a
Tenancy: Multiple Tenants
Total Number of Buildings: 6
Number of Stories: 1
Property Condition: Excellent
Year Built: 1982
Construction/Siding: Metal Siding
Parking Type: Surface
Sprinklers: None
Lot Frontage: 500 Feet on Dallas Road with side-access to Sylvan Street available
Lot Depth: 276 Feet
Water Service: None
Sewer Type: Municipal
Land Ownership: Current Owner
Legal Description: Lt 3 Richard Abercrombie Sub Pb33 P G 341 Rev 67-80 Rev 114-65

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,370 48,900 123,697
Median Age: 32.39 34.94 37.42
Households: 3,554 20,806 51,958


Photograph of Listing Agent

Jim R Thompson

Fletcher Bright Realty Greater Chattanooga REALTORS® Member
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