2,300+ SF of Business Space on Corner Lot

Retail-Commercial for Sale
Catylist Listing ID: 30540577
Property Subtypes: Free-Standing Building
Building Size (RSF): 2,333 SF
Sale Price: $110,000
Unit Price: $47.15 PSF
In Opportunity Zone? Yes
Has Drive-Thru? Yes
Property Use Type: Business
Building Name: Former Darr's Catering and Restaurant
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 10/16/2020

Overview / Comments

One-story freestanding building on a corner lot formerly used as retail and restaurant/catering business. Located at the corner of Cherry St with approx. 163 ft of road frontage and approx. 100 ft of road frontage on McFarland. Lot includes paved surface parking with parking entrances from both streets with a great option for a drive-thru. Building includes a walk in cooler and freezer (may need some work) and two restrooms. Many possibilities with this property/location.

Additional Details

Nearest MSA: Chattanooga
County: Walker
Taxing Authority: Walker County, GA
Tax ID/APN: 2007 056
Zoning: RVC2
Retail Clientele: General, Family, Business
Property Located Between: corner of Cherry St and McFarland Avenue
Property Visibility: Excellent
Largest Nearby Street: Hwy 27
Highway Access: Easy access to US Hwy 27, approximately 10 to I-75
Airports: Chattanooga Metropolitan Airport
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,333 SF
Property Condition: Fair
Year Built: 1968
Roof Type: Gable
Construction/Siding: Block, Metal Siding, Wood Siding
Exterior Description: Roof is gable and flat.
Total Parking Spaces: 10
Parking Type: Surface
Parking Description: paved surface parking
Heat Type: Electricity, Natural Gas
Heat Source: Wall Units
Air Conditioning: Window Unit
Interior Description: 2 wall units, one is not operational. Central heat and air is not operational. Hanging fan forced electric heater is operational per seller. Landline telephone with EPB.
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Easements Description: 20 ft alley located in rear of building off of Cherry St.
Legal Description: Lot 1 2 Blk 1 Ross Land Co Add #1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,605 53,703 119,930
Median Age: 37.33 36.77 37.46
Households: 2,672 21,887 48,912

Contact

Photograph of Listing Agent

Joanna Jackson

RE/MAX Real Estate Center Greater Chattanooga REALTORS® Member
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