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Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30397838
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Vehicle Related
Status: Pending
Building Size (RSF): 5,400 SF
Gross Land Area: 128.65 - 137 SF
Sale Price: $365,000
Unit Price: $67.59 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: 2227 E 23rd St
Usable Size (USF): 5,400 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2019

Overview / Comments

Building has been a retail site for most of it's life.
It has 3 offices, 2 bathrooms and kitchenette with large storage overhead.
10' X 10' Overhead Drive-in door with adjacent 4' truck loading well.
Has two large Heat Pumps, one on each end of the building.
Building has 3 Phase Electric Power.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: City of Chattanooga; Hamilton County, State of Tennessee
Tax ID/APN: 156G F 037
Zoning: M1
Retail Clientele: Business
Property Visibility: Excellent
Largest Nearby Street: E 23rd St & Lyerly
Feet of Frontage: 139
Highway Access: Interstate 24, US 41, US 27
Airports: CHA Lovel Field 9.4 miles
Site Description: Corner lot with S. Lyerly St. on right side of building
Area Description: Area includes dollar stores, parts supply stores and fast food restaurants.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,400 SF
Property Condition: Good
Year Built: 1977
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Brick & Block
Total Parking Spaces: 10
Parking Type: Surface
Parking Description: Perpendicular to building.
Sprinklers: None
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Package Unit
Internet Access: Cable, Gigabit, Fiber Optic
Interior Description: At west end of building are 3 offices, 2 bathrooms, one kitchenette.
Lot Frontage: 129'
Lot Depth: 137'
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Pt Lts 67,68&69 Blk F Brocks Amende D Addn No 3 Pb6 Pg26 0118 21 026&

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,500 82,258 148,807
Median Age: 30.32 36.19 36.91
Households: 4,412 33,039 61,357

Contact

Photograph of Listing Agent

Max Finkle

The Group Real Estate Brokerag Greater Chattanooga REALTORS® Member
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