Corner 4-way Traffic Light Intersection

Retail-Commercial for Sale
Catylist Listing ID: 30318791
Building Size (RSF): 1,260 SF
Gross Building Area: See Agent
Sale Price: $449,900
Unit Price: $357.06 PSF
Property Use Type: Investment, Business
Building Name: 5205 N Lee Hwy
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/2/2018

Overview / Comments

Heavy traffic Area! Located at Corner traffic light on 4 - lane Hwy. This property is located in a rapid growing area with Lots of new ground breaking subdivisions. Two town home communities just completed across the street. Recent commercial sales of land plus recent sales of residential land for new subdivisions shows new growth for commercial businesses as well as residential growth. This property is currently being used as a service garage. New growth! New Construction!

Attachments & Media

Additional Details

Nearest MSA: Cleveland
County: Bradley
Zoning: C1
Retail Clientele: Business
Property Visibility: Excellent
Largest Nearby Street: Paul Huff & Interstate HWY 75
Highway Access: Close to I75
Airports: Chattanooga
Site Description: Heavy traffic Area! Located at Corner traffic light on 4 - lane Hwy. This property is located in a rapid growing area with Lots of new ground breaking subdivisions. Two town home communities just completed across the street. Recent commercial sales of land plus recent sales of residential land for new subdivisions shows new growth for commercial businesses as well as residential growth. This property is currently being used as a service garage. New growth! New Construction!
Area Description: Exploding growth in commercial and residential
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,260 SF
Property Condition: Good
Year Built: 1960
Construction/Siding: Block
Exterior Description: Block
Total Parking Spaces: 15
Parking Description: Asphalt/Blacktop
Zoning Description: C
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 24,390 57,059
Median Age: 40.29 37.57
Households: 9,657 22,061

Contact

Photograph of Listing Agent

Teresa Vincent

Century 21 1st Choice Realtors Greater Chattanooga REALTORS® Member
© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Greater Chattanooga REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.