Large Commercial Building with 4 Units

Retail-Commercial for Sale
Also listed as Industrial
Catylist Listing ID: 30740425
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Restaurant, Retail-Pad, Street Retail, Vehicle Related, Other
Building Size (RSF): 10,800 SF
Gross Building Area: See Agent
Gross Land Area: 0.92 Acres
Sale Price: $549,999
Unit Price: $50.93 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment, Business
Usable Size (USF): 10,800 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 75
Last Updated: 11/25/2021

Overview / Comments

Please contact the agent for more information about this listing.

Additional Details

Nearest MSA: Chattanooga
County: Marion
Taxing Authority: Marion County
Tax ID/APN: 058155 01805
Retail Clientele: General, Business, Other
Property Visibility: Excellent
Largest Nearby Street: Highway 72
Feet of Frontage: 200
Highway Access: Contently located in front of Highway 72
Airports: Chattanooga airport
Site Description: Great Building with 4 units lots of room for parking with great Road front signage for Highway 72
Area Description: South Pittsburg, Home of Lodge Manufacturing Co. and and many other corporations. Great location approx. 3 miles to Interstate 24.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 10,800 SF
Property Condition: Excellent
Year Built: 2006
Roof Type: Other
Construction/Siding: Aluminum Siding
Exterior Description: Great large Metal building with 6 bay doors and Concrete Paved area 12,300sqft
Parking Type: Surface
Parking Description: 12300 sqft feet of paved area to create parking spaces
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Internet Access: Gigabit
Interior Description: Unit 1 has a office that is 15x11 with a large work shop/ garage that has 6 bay garage doors the shop area is 98x31. It has 1 lift and an air compressor that will remain. The shop has a slop sink and 1 bathroom. Unit 2 has a large open floor plan curranty being leases as a cheer and gym center. This area is 100x57 with 2 bathrooms and a utility closet. One of the bay doors from unit 1 could go with this unit if desired. Unit 3 was once a book store and hair salon it is 44x22 with 1 bathroom and has plumbing set up for wash sinks. Unit 4 is 45x18 has 1 bath and 3 closets for storage. This unit can connect though to unit 3 if desired by opening the framed area that is closed off .
Zoning Description: Commercial
In Flood Plain?: Yes
Lot Frontage: 200ft
Lot Depth: 200ft
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: owned
Legal Description: Parcel ID/Tax ID 155 018.05 000 Land Map 155

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,454 10,848
Median Age: 42.37 43.25
Households: 2,225 4,476


Photograph of Listing Agent

Lora D Poore

Bellora REALTORS llc Greater Chattanooga REALTORS® Member
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