Liquor Store Near Downtown

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30214776
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Tavern/Bar/Nightclub
Status: Pending
Building Size (RSF): 3,114 SF
Gross Building Area: See Agent
Sale Price: $350,000
Unit Price: $112.40 PSF
Ceiling: 10 ft.
Property Use Type: Business
Building Name: Welcome Liquor
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 4/12/2018

Overview / Comments

The south side of Chattanooga, TN is thriving and there are few properties left on this side of town. This entire block has the potential to grow into something amazing. This property is located just off of I-24 Exit 179 N. Off Ramp W. Bound. This area of I-24 has over 110,000 cars per day traveling past this location, which is just down the street of Finley Stadium and the South Side Social. Whether it be a restaurant, bar, or retail this location has lots of potential. The business currently operates as a liquor store. There is potential of expanding the service and selection of this business. Get your offer in soon.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Chattanooga
Tax ID/APN: 145M B 007
Zoning: U-CX-6
Retail Clientele: General, Traveler
Property Located Between: I-24 and Market St
Property Visibility: Excellent
Largest Nearby Street: I-24
Feet of Frontage: 147
Traffic/Vehicle Count: 14,439
Highway Access: Accessible to I-24, I-75, and Hwy 27.
Airports: Chattanooga Metro Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1969
Roof Type: Flat
Construction/Siding: Block
Total Parking Spaces: 15
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Pt Lt 4-11 Blk I Central Realty Co Pb13 Pg12 0114 26 10

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,636 59,708 131,394
Median Age: 30.83 34.04 36.69
Households: 2,942 23,475 54,222


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