Freestanding Retail-Commercial Building in Highly Visible Area

Retail-Commercial for Sale
Catylist Listing ID: 30787719
Property Subtypes: Free-Standing Building, Mixed Use, Vehicle Related, Other
Building Size (RSF): 2,324 SF
Gross Building Area: See Agent
Gross Land Area: 0.50 Acres
Sale Price: $249,000
Unit Price: $107.14 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 5/6/2022

Overview / Comments

Freestanding retail-commercial building situated on a busy stretch of S Lee Hwy. This 2,324 sqft building features 2 roll-up bay doors, two large open workspaces or storage space, and a separate office. It sits on a 0.50 acre lot with plenty of parking space for clients, customers or employees, or space to display products/goods/merchandise. Currently used for auto sales, it would make an excellent location for other sales centers (like jet skis, golf carts or storage sheds) for an auto-repair shop, or could be renovated and turned into a restaurant or office for service related industries. An existing metal sign frame offers a place to advertise a new business. This section of S Lee Hwy sees between 9,159 and 12,161 cars a day. Showings can be accommodated upon request.

Additional Details

Nearest MSA: Cleveland
County: Bradley
Tax ID/APN: 057G B 002.00 000
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1959
Parking Type: Surface
Lot Frontage: 147
Lot Depth: 146
Legal Description: TBD

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,254 42,267 64,600
Median Age: 33.18 36.18 37.03
Households: 1,394 16,491 25,011

Contact

Photograph of Listing Agent

Grace Frank

Chattanooga Real Estate Group Greater Chattanooga REALTORS® Member
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