New Peking Mandarin House
Retail-Commercial
for Sale
Sale Pending
| Catylist Listing ID: |
30440651 |
| Property Subtypes: |
Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
|
| Status: |
Pending |
| Building Size (RSF): |
3,000 SF
|
| Gross Land Area: |
0.57 Acres
|
| Sale Price: |
$225,000 |
| Unit Price: |
$75 PSF |
| Ceiling: |
8 ft. |
| 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: |
5/26/2020 |
Overview / Comments
|
Prime Corner Restaurant location Dayton Blvd. @ Signal Mtn. Rd. Traffic counts upwards of 18,550 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, Tourist |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Signal Mtn Blvd |
| Feet of Frontage: |
309 |
| Traffic/Vehicle Count: |
18,500 |
| Highway Access: |
Access to Hwy 27 North and South |
| Airports: |
Chattanooga Lovell Field |
| Site Description: |
3000 sf Former asian restaurant at the juncture of Dayton Blvd and Signal Mtn Road. Traffic Counts 18,500 vehicles a day, excellent location for a restaurant or retail store. |
| Area Description: |
Located at the corner of Signal Mtn Rd and Dayton Blvd is a .57 acre parcel ideally suited for a restaurant location or retail opportunity. 18,500 vehicles a day at the point of entry or exit into Chattanooga and Red Bank, TN with a side trip up Signal Mtn Rd. with a quick left or right turn. |
| 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: |
1961 |
| Roof Type: |
Flat |
| Construction/Siding: |
Wood Siding |
| Exterior Description: |
Single Story 3000 SF former Asian Restaurant, wood siding and flat 10-year old roof. |
| Total Parking Spaces: |
20 |
| Parking Type: |
Surface |
| Parking Description: |
Surface |
| Sprinklers: |
None |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System, Window Unit |
| Internet Access: |
Gigabit |
| Interior Description: |
Prior Asian restaurant, carpet and dining areas of the same era. |
| Zoning Description: |
C-1 |
| Lot Frontage: |
309 |
| Lot Depth: |
176 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Utilities |
| Land Ownership: |
Single |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,846 |
43,126 |
105,065 |
| Median Age: |
33.72 |
38.74 |
37.23 |
| Households: |
946 |
19,282 |
44,021 |
|
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