Willows Urban Emporium Building/Business

Retail-Commercial for Sale
Catylist Listing ID: 30709241
Property Subtypes: Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 2,004 SF
Gross Land Area: 7,500 SF
Sale Price: $375,000
Unit Price: $187.13 PSF
Ceiling: 8 ft.
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Building Name: Willow Urban Emporium
Usable Size (USF): 1,596 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/25/2021

Overview / Comments

Willows Urban Emporium is a unique experience in shopping, located at the southern entrance to the quaint town of Dunlap, TN on Hwy 127 / Rankin Ave.
This lovely gift and treasure shop is a refreshing change from the hum-drum franchise box stores in this area. The building, land, and some metal and glass shelves and cases are on the market and the inventory and high end shelving may be purchased separately as well. (to be determined).
127 Yard Sale Spaces are rented in the parking lot each year, generating additional income, which can be expanded.
The building is a 1957 original and has a 25x23+/- addition attached which boasts an 8ft. garage roll up stock door. This sturdy masonry building has vinyl siding and a metal pitched roof for a more modern style. There are 2 bathrooms and a kitchen sink with some cabinets at this time, and a private office area which may be converted as needed. The front wall of windows overlooking the Sequatchie Valley and the sunsets of the Cumberland Plateau would make this a perfect restaurant location, especially if a screened covered deck were added to the ample paved parking lot. The property rises just enough off Hwy 127 to give the perfect vista of the mountain and has two entrances for easy access. And last but not least the best improvement to this building is the beautiful white iridescent luminous epoxy floor coating! It's just beautiful! Check out the photos on this listing. Heated with electricity but natural gas is available at rear. This is a perfect opportunity to be a business owner in your home town! Call for an appointment today.

Additional Details

Nearest MSA: Chattanooga
County: Sequatchie
Taxing Authority: city and county $2073.35
Tax ID/APN: 077048M B 01500
Zoning: C-1
Retail Clientele: General
Largest Nearby Street: Hwy 127/ Rankin Ave.
Feet of Frontage: 284
Traffic/Vehicle Count: 14,000
Highway Access: Across Hwy 127 from the Urgent Care and Walgreens Pharmacy. Within 2 blocks from the county schools, Tractor Supply and restaurants such as McDonald's, Pizza King, Andy's Steak House, and 2 Gas Stations.
Airports: Chattanooga Regional
Site Description: 7500 sq ft of paved parking area. Situated on a hill overlooking the main thoroughfare and the Cumberland Plateau mountain range. A deck in the front of the building would be beneficial and/or a Drive Thru Window would be a great addition for a restaurant.
Area Description: Sequatchie County is a Suburb of Chattanooga and Dunlap is the county seat. All schools are county schools and Highway 111 runs through the north end of town, while Hwy 127 is the main thoroughfare, a scenic route that leads to Signal Mountain and Chattanooga TN. The Hwy 127 Yard Sale Is an annual event and is a huge money maker for the area. Dunlap also boasts the Coke Ovens Museum and park where events take place annually, as well as the Valley Fest Spring event with music, food and crafters.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,596 SF
Property Condition: Good
Year Built: 1957
Construction/Siding: Block, Vinyl Siding
Exterior Description: Block built with vinyl siding and metal roof with gutters and a large display wall of windows.
Total Parking Spaces: 75
Parking Ratio: 27 (per 1000 SF)
Parking Type: Surface
Parking Description: asphalt
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Fiber Optic
Interior Description: Block and sheetrock walls with shelving and beautiful white epoxy floors. The window wall has shelving for display.
Zoning Description: C-3 is residential and /or retail commercial
Lot Frontage: 284 Sq Ft
Lot Depth: 220 at the deepest end
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Seller
Legal Description: See Deed

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,834 10,624
Median Age: 38.22 39.37
Households: 1,831 4,113

Contact

Photograph of Listing Agent

Michelle Collier

Collier & Company Realty, LLC Greater Chattanooga REALTORS® Member
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