Retail Commercial Building East Ridge in Border Region Zone

Retail-Commercial for Sale
Sale Pending/Contingent
Also listed as Office, Shopping Center
Catylist Listing ID: 30786816
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Other
Status: Pending/Contingent
Building Size (RSF): 9,896 SF
Gross Building Area: See Agent
Gross Land Area: 1.31 Acres
Sale Price: $1,900,000
Unit Price: $192 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: Mack Smith One Building
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/24/2022

Overview / Comments

9896 +/- sf Retail Commercial free standing building/ retail strip center located on Prime Property within the Border Region Opportunity Zone!! Just seconds to I-75, in a booming City of East Ridge with easy ingress/ egress with great visibility from Ringgold Rd. Just seconds away from new Red Wolves CHI Memorial Soccer Stadium entrance, Top Golf, Bass Pro Shop & Champy's Chicken a short walk away! LOCATION LOCATION!! Property INCLUDES TWO PARCELS #'s 169L K 021 & 169L K 001.01 at total of approx 1.31 acres.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County & City of Chattanooga/East Ridge
Tax ID/APN: 169L K 021 & 169L K 001.01- Two Parcels
Zoning: C-2
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Located Between: I-75 and Ringgold Rd.
Property Visibility: Excellent
Largest Nearby Street: Ringgold Rd.
Feet of Frontage: 105
Traffic/Vehicle Count: 30,000
Highway Access: Easy Access to Interstate. I-75.
Airports: Chattanooga Metropolitan Airport, Nashville International Airport 133 miles, Atlanta Airport 127 miles
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1960
Roof Type: Flat
Total Parking Spaces: 50
Parking Type: Surface
Internet Access: Fiber Optic
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: Lt 6 Resub Of Lt 2 The Southern Inn Sub Pb 43 Pg 24 Rev 57-365

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,083 64,361 144,633
Median Age: 39.7 38.85 38.52
Households: 3,974 28,200 60,059


Photograph of Listing Agent

Katie L Ashley

RE/MAX Renaissance Realtors Greater Chattanooga REALTORS® Member
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