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.
|
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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