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Retail-Commercial for Sale
Catylist Listing ID: 30177466
Property Subtypes: Free-Standing Building
Building Size (RSF): 1,768 SF
Gross Building Area: See Agent
Sale Price: $140,000
Unit Price: $79.19 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/13/2018

Overview / Comments

Located in the midst of a residential neighborhood, this corner lot building is the ideal location for an income producing apartment building or personal residential apartment living. It's current use is a grocery store, but according to the owner, once the store is closed, it loses its commercial grocery business status. This property sits on a corner lot with about 7-10 parking spaces. The income producing apartment at the upper level of the building has it's own separate parking and entrance in the rear. Its zoned R1, and it's close proximity to Wilcox Blvd make it just minutes from gas, groceries, Erlanger hospital and even downtown chattanooga. "Buyer to verify zoning & potential use".

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033147A K 01800P000
Retail Clientele: General, Family, Other
Largest Nearby Street: Wilcox Blvd
Area Description: Located on a corner lot in a residential neighborhood.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Average
Roof Type: Flat
Total Parking Spaces: 10
Parking Type: Surface
Parking Description: Corner lot with approximately 7-10 parking spaces.
Sprinklers: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,597 64,189 159,588
Median Age: 40.09 36.1 36.94
Households: 4,658 26,358 67,919

Contact

Photograph of Listing Agent

Tavis Spotts

Berkshire Hathaway HomeService Greater Chattanooga REALTORS® Member
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