Historic Southside Area

Retail-Commercial for Sale
Catylist Listing ID: 30614249
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant
Building Size (RSF): 21,235 SF
Gross Building Area: See Agent
Sale Price: $2,100,000
Unit Price: $98.89 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/22/2020

Overview / Comments

This historic building in the resurgent Southside area housed one of Chattanooga’s best known restaurants for decades. The building was originally built as an Armour meat packing plant. It was first converted to a restaurant in 1985, then substantially upgraded again in 2007. The main level is approximately 7,000 SF. Interior finishes have been removed to the studs so it is ready for your décor. there are 21,235 sq. ft. per Tax Assessor.

The second floor has approximately 4,200 SF finished with two half baths. It would be suitable for special events, private parties, or could easily be converted to offices.

There is also bonus space available in the basement which is accessible from the dining area or street. A portion of it is finished and could be used as a pool hall, plus there is a wine cellar and helpful storage space.

There is a wheel chair elevator. The building is sprinklered throughout.

Corner location provides plenty of natural light. Great outdoor dining patios.

The Southside area is really exploding. There is an attachment which shows recent sales in this same area. In Opportunity Zone.

The area, one block from the Choo Choo, is easily accessible to the Interstate system and a short drive from all points in the metro area. It’s only 10 blocks from the major tourist destinations which include the two Aquariums, Imax, and 12-screen cinema; all of which have a free shuttle that stops one block from this great facility.

Good street parking plus 200+ space public parking lot directly across 14th Street.

Also for lease at $14,000 per month.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033145L A 01100

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,492 53,408 125,725
Median Age: 30.89 33.77 36.56
Households: 3,920 20,928 51,977

Contact

Photograph of Listing Agent

Rudy H Walldorf

Herman Walldorf Commercial Greater Chattanooga REALTORS® Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Greater Chattanooga REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.