5,027 sq. ft commercial building for sale on Highway 127

Retail-Commercial for Sale
Catylist Listing ID: 30801275
Property Subtypes: Mixed Use
Building Size (RSF): 5,027 SF
Gross Building Area: See Agent
Gross Land Area: 1.20 Acres
Sale Price: $580,000
Unit Price: $115.38 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 5,027 SF
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 5/12/2022

Overview / Comments

5,000+ sq. ft commercial building on 1.2 acres in excellent location right on Highway 127. Building has 10+ foot ceilings. Features a large attic with the potential to add more square feet or storage. Back of the building has a very large open area with 11+ foot doors. The potential for this building is endless. It has been used as a building supply store and a gym. Also included is a very spacious 16X138 shed that sits behind the main building. Parking includes paved parking in the front of the building or turn the large gravel section on the side into parking.

There is 19.9 acres that surrounds this property being sold separately, but can be bought together. refer to residential mls listing 1354553.

Additional Details

Nearest MSA: Chattanooga
County: Sequatchie
Tax ID/APN: 077054 03201
Retail Clientele: General, Business, Recreation
Property Located Between: Located right on Highway 127
Property Visibility: Excellent
Largest Nearby Street: highway 127
Highway Access: Great location Right on highway 127
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Average
Year Built: 1957
Roof Type: Gable
Construction/Siding: Block
Parking Type: Surface
Parking Description: paved parking in front with circle drive. potentially turn extra large gravel lot on the side into parking.
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Building is very spacious and flows really well. High ceilings, and a large attic area with the potential to add more storage or sq. feet. Features an office area and a bathroom. Also in the back room are 11'+ doors.
Zoning Description: See Agent
Water Service: Municipal
Sewer Type: Septic
Land Ownership: OWNED
Legal Description: 054 032.01

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,663 4,834 10,624
Median Age: 37.52 38.22 39.37
Households: 1,014 1,831 4,113


Photograph of Listing Agent

Pamela D Brown

Century 21 Professional Group Greater Chattanooga REALTORS® Member
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