Commercial Opportunity at 5603 Main Street

Vacant Land for Sale
Catylist Listing ID: 30522119
Property Subtypes: Industrial, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 12,298 SF
Sale Price: $800,000 - 850,000
Unit Price: $65.05 - 69.12 PSF
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 5/19/2022

Overview / Comments

Property includes three lots: 9280 State Street, 5603 Main Street, and Land. 9280 State Street is zoned commercial (warehouse), 5603 Main Street is zoned residential, and the last lot is zoned undeveloped and unused land. All three of these lots are on a high traffic road that is conducive for commercial purposes. Buyer will need to petition for zoning change to commercial with Hamilton County.

Buyer can remove one or both buildings on this property for their business purpose after sale.

State Street building was built in 1925 Lot size for State Street is 0.26 Acres 11,326 Sq Ft and Dimensions are 81.5X140

5603 Main Street is zoned R1
Legal Description is:Parcel ID/Tax ID 132P A 024 Lt Pt 17 Original Town Of Ooltewah N/R Subdivision Original Town of Ooltewah

Lot Dimensions are 83X150

Lot at the Corner of Main Street and Church Street does not have a mailing address assigned.

Zoned Open Space Undeveloped and Unused Land.
Legal: Parcel ID/Tax ID 132P A 025 Lt Pt 18 Original Town Of Ooltewah N/R Er5199

Lt Dimensions 82.5 X140

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 033132P A 02400
Legal Description: State Street is: Lt Pt 16 Original Town Of Ooltewah N/R 3168 35 02 Parcel ID/Tax ID 132P A 023

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,012 23,203 59,806
Median Age: 36.38 38.04 39.68
Households: 824 8,073 21,782


Photograph of Listing Agent

Darwin D White

Heritage Homes & Lands LLC Greater Chattanooga REALTORS® Member
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