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: $175,000
Unit Price: $58.33 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: 1/18/2021

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.

Attachments & Media

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

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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


Photograph of Listing Agent

Tad Bromfield

Sentinel Commercial Properties Greater Chattanooga REALTORS® Member
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