20657 US 11

Business Opportunity for Sale
Catylist Listing ID: 30394324
Property Subtypes: Business Services
Building Size (RSF): 3,422 SF
Sale Price: $175,000
Name of Establishment: Air BnB Apartments in North Georgia with Business Space
Year Business Established: 1999
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: $175,000 Cash to Seller
Last Updated: 11/8/2019

Overview / Comments

Light Assembly with Offices and Air BnB apartments Mixed Use business opportunity on Main thoroughfare. Gross Living area of 1,722 SF combined of both apartments with bonus area on 1st floor for Business Opportunity in light assembly / Retail.

Light Assembly on First Floor at the rear of building. Three Work Stations with break area and bathroom. Office upfront facing thoroughfare.

Two Air BnB Apartments nicely appointed and active. One could be split into two in order to make three apartments or use one ff the apartments as a Live/Work opportunity.

Additional Details

Nearest MSA: Chattanooga
County: Dade
Industry Segment: Other Business Services
Reason for Selling: Moving Light Assembly Business to expand with closer proximity to logistics center. .
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $5,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $195,000
Competition/Market Description: Rural Area Near to Hiking , Fishing, Hunting, Appalachian Trail , Cloudland Canyon State Park. Popular Camping and Hiking area in picturesque North Georgia.
Growth/Expansion Opportunities: Room on Property to expand building foot print.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,501 18,254
Median Age: 43.15 40.77
Households: 1,983 7,340


Photograph of Listing Agent

Geoffrey S Ramsey

RE/MAX Properties Greater Chattanooga REALTORS® Member
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