Former Bar Tavern E. Chattanooga

Retail-Commercial for Sale
Catylist Listing ID: 30675198
Property Subtypes: Tavern/Bar/Nightclub
Building Size (RSF): 1,925 SF
Gross Building Area: See Agent
Sale Price: $150,000
Unit Price: $77.92 PSF
Ceiling: 9 ft.
Property Use Type: Investment
Usable Size (USF): 1,925 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/20/2021

Overview / Comments

Trustee's Sale. Property sold in as-is, where-is condition.
Investment opportunity in the middle of E. Chattanooga
re-development plan.
Located contiguous to the old Alabama Furniture building.
Lot is mostly fenced with plenty of parking.
Sidewalks.
New Save-A-Lot across street.

Visit Plan 3, Historic River to Ridge Area
plan draft at chcrpa.org.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033136E F 00400
Zoning: C2
Retail Clientele: Business
Property Located Between: R1 and C2 zoning. Just off Dodson Ave. beside old Alabama Furniture
Property Visibility: Excellent
Largest Nearby Street: Dodson Ave.
Highway Access: 2.5 miles to Amnicola Hwy at Debutts train yard. 6-8 mins. to Hwy 58
Airports: 4.5 miles to Lovell Field
Site Description: Level, no flood zone.
Area Description: New development like new Save A Lot across street. Corporate offices, business's, convenience stores, small business, residential & vacant lots near subject
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,925 SF
Year Built: 1930
Roof Type: Other
Construction/Siding: Block, Brick, Wood Siding
Exterior Description: Concrete block, brick, wood siding. Built-up, shingle and flat roof
Total Parking Spaces: 25
Parking Type: Surface
Parking Description: Asphalt in back. Good condition.
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Central, Other
Air Conditioning: Package Unit, Window Unit
Internet Access: Cable
Interior Description: Large dining room, pool room, kitchen, storage rooms, 2 public restrooms. Was operating bar/tavern until summer 2020. Places to make a drive through service.
Zoning Description: C2
Part of Planned Development?: Yes
Lot Frontage: 128'
Lot Depth: 145' irr.
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Fee simple
Legal Description: Lt 2A Steve Rambalakos Sub Pb 47 Pg 28 Rev 113-117

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,735 59,394 155,755
Median Age: 34.73 35.41 37.32
Households: 2,228 23,455 66,331

Contact

Photograph of Listing Agent

Gil Patton

Real Estate Partners Chatt LLC Greater Chattanooga REALTORS® Member
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