Freestanding Former Restaurant on Signal Mtn
Retail-Commercial
for Sale
| Catylist Listing ID: |
30391248 |
| Property Subtypes: |
Free-Standing Building, Garden Center, Restaurant
|
| Building Size (RSF): |
1,672 SF
|
| Gross Land Area: |
0.60 Acres
|
| Sale Price: |
$550,000 |
| Unit Price: |
$328.95 PSF |
| Has Drive-Thru? |
Yes |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/25/2020 |
Overview / Comments
A former restaurant in the heart of Signal Mountain's main retail area. The location has great visibility and room to expand the building or to create outdoor seating if desired. The exterior of the building was recently renovated.
The building has infrastructure for a restaurant including gas, ample power, walk-in cooler, 3 compartment sink, 2 hoods and a drive through window.
|
Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Hamilton |
| Tax ID/APN: |
033098O C 02403P000 |
| Retail Clientele: |
General, Family |
| Property Located Between: |
Cauthen Way and Brockton Drive |
| Property Visibility: |
Excellent |
| Feet of Frontage: |
48 |
| Traffic/Vehicle Count: |
10,200 |
| Site Description: |
The property is located in the main retail corridor,
along Taft Hwy, and has full access and
visibility. |
| Area Description: |
Signal Mountain is a growing community located in close proximity to Chattanooga, TN. The schools are extremely desirable and rated some of the best in the county which draws many Chattanooga families to the area.
There are few options as far as food and take out in the area and this would be a great spot for a burger joint or fast casual option that are both missing in the area! |
| Tenancy: |
Single Tenant |
| Year Renovated: |
2019 |
| Roof Type: |
Flat |
| Total Parking Spaces: |
20 |
| Parking Type: |
Surface |
| Parking Description: |
20 dedicated parking spots. |
| Lot Frontage: |
48 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,991 |
28,499 |
64,820 |
| Median Age: |
40.45 |
41.07 |
39.97 |
| Households: |
2,137 |
12,273 |
28,285 |
|
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