6 Bay Auto Machanic Shop Plus 4 Rental Units

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30679822
Property Subtypes: Free-Standing Building, Mixed Use, Retail-Pad, Vehicle Related
Status: Pending/Contingent
Building Size (RSF): 6,024 SF
Gross Land Area: 18,295 SF
Sale Price: $550,000
Unit Price: $91.30 PSF
Ceiling: 14 ft.
Property Use Type: Vacant/Owner-User
Building Name: White Building
Usable Size (USF): 6,024 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/7/2021

Overview / Comments

RARE OPPORTUNITY!!!! Don’t miss miss out on this BORDER REGION TAX INCENTIVE PROPERTY!!!! First time ever on the market is the White & Peel’s Auto Center. Just 2 Miles from I-75, Surrounded by C2 Property, Food Lion, Checker, Sonic, Auto Zone, Advanced Auto Parts is just a few. This building has a total of 5 units that can be leased and 2 units are currently occupied. Unit 1 is a 2,800 square foot 6 Bay Auto Mechanic Shop with office and foyer. The auto mechanic shop has 6 10x12 bay door, New Gas Heat and Central Air Unit. New Air Compressor Motor and MUCH MORE!!!!!! Unit 1 can me leaded out for $3,500 per month. Unit 2 is a 1,200 square foot retail office space that can be leased out for $1,200 per month. The opportunity for this space is endless. Unit 3 is a 685 square foot office space that can be leased for $1,000 per month. Unit 4 is a 564 square foot 1 bedroom efficiency that is currently rented out. Unit 5 is a 1 bedroom efficiency that is currently rented out. One unit has been leased for 17 years and the other one has been leased for 3 years. The building has new paint in 3 offices. New Roof in 2014, New Lights in Suite 2, New HVAC in Unit 1 & 4. Schedule your showing today!!!

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County, City of East Ridge
Tax ID/APN: 033169G G 02100
Zoning: C2
Retail Clientele: General
Property Located Between: S. Morore Rd. and Choate Rd. and Ringgold
Property Visibility: Good
Largest Nearby Street: Hwy 41 Ringgold Rd
Feet of Frontage: 133
Highway Access: Hwy 41 Ringgold Rd
Airports: Chattanooga
Site Description: Level Lot, 6 Bay Auto Mechanic Shop, Unit 2 is1,200 Square Ft Rental Space, Unit 3 is 685 Square Ft of Rental Space, Unit 4 is 564 Square Ft and is Currently rented, Unit 5 is 635 Square Ft and is Currently rented. Property located 2 miles from I-75
Area Description: This Property is Zoned C2 and is located across from Food Lion, Sonic, Checkers, and surrounded by C2 Commercial Property. Property is 2 miles from I-75
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1986
Construction/Siding: Block, Brick, Brick/Vinyl Siding
Exterior Description: Brick, Block, and Vinyl Siding, 6 Bay 10x12 Garage Doors.
Total Parking Spaces: 22
Parking Type: Surface
Parking Description: 22 Parking Spaces
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Fiber Optic
Zoning Description: C2
Lot Frontage: 133
Lot Depth: 134
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Owner
Legal Description: Lts 3&4 Resub Chatwood Sub Rev 35-3 28

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,793 73,465 156,823
Median Age: 39.18 36.98 37.35
Households: 5,333 30,629 64,947


Photograph of Listing Agent

Mike Robertson

Nu Vision Realty Greater Chattanooga REALTORS® Member
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