Bill's Uniform Shop Building E Main at Holtzclaw

Retail-Commercial for Sale
Catylist Listing ID: 30619546
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 24,286 SF
Gross Land Area: 0.72 Acres
Sale Price: $1,612,903
Unit Price: $66.41 PSF
Property Use Type: Business
Building Name: Bill's Uniform Building
Usable Size (USF): 24,286 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 89
Last Updated: 6/12/2020

Overview / Comments

Located at 1308 E Main Street in middle of Southside Development Bill's Uniform Shop Building. Located at the juncture of E. Main Street and Holtzclaw Avenue in Chattanooga, TN. Zoned C-2 with a combination of retail, grocery, and storage space. Bill's Uniform Building built circa 1964 with 24,286 sf main floor and basement. Traffic Counts on E Main Street at 10,000 vehicles a day and Holtzclaw 8900 vehicles a day. Great development opportunity in existing building or new construction. Outstanding nearby comparable land values.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Chattanooga
Tax ID/APN: 033146P L 00200
Zoning: C-2
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Located Between: Holtzclaw & E Main Street
Property Visibility: Excellent
Largest Nearby Street: E Main Street
Feet of Frontage: 206
Traffic/Vehicle Count: 10,000
Highway Access: Holtzclaw to E 23rd Street to 4th Avenue to I-24 East and West.
Airports: Chattanooga
Site Description: Bill's Uniform Shop Building currently includes Bill's Uniform Shop and La Guatemalteca Market. 24,286 total sf = first floor and basement. Zoned C-2 with excellent development opportunity for expanded market or retail to serve the surge of E Main Street housing, single and multi-family. Excellent location.
Area Description: The Southside is a trendy strip of art houses, galleries, restaurants and beautifully restored architecture spanning Main Street and beyond. It’s the epicenter of our very own cool, southern-cosmopolitan groove that attracts artists, musicians, entrepreneurs and those who look at life from a slightly different perspective.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 12,143 SF
Year Built: 1964
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Stone block with blue and orange aluminum trim siding.
Parking Type: Surface
Parking Description: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Fiber Optic
Interior Description: Split space between several retail stores and basement storage.
Zoning Description: C-2
Lot Frontage: 206'
Lot Depth: 154'
Water Service: Municipal
Sewer Type: Municipal, Storm
Land Ownership: Single
Legal Description: Lots 3-6 Stone & Evans Pb 6 Pg 13

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,089 78,231 140,790
Median Age: 27.27 35.16 37
Households: 3,196 31,642 58,245

Contact

Photograph of Listing Agent

Tad Bromfield

Sentinel Commercial Properties Greater Chattanooga REALTORS® Member
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