Red Bank/Hixson Multi-Tenant Investment Opportunity

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30331891
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 3,180 SF
Gross Building Area: See Agent
Gross Land Area: 0.23 Acres
Sale Price: $280,000
Unit Price: $88.05 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/16/2019

Overview / Comments

Excellent opportunity to own a 2 tenant building in a high traffic and commercially developed section of Hixson Pike.

The right side of the building is currently occupied and generating income.

The left side of the building is vacant and would make a great office and/or retail space.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 110I B 012
Zoning: C-2
Property Located Between: Bagwell Ave and Ely Rd
Property Visibility: Excellent
Feet of Frontage: 96
Highway Access: Less than 0.25 miles from the intersection of Hwy-153
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1949
Lot Frontage: 96
Lot Depth: 114

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,095 46,836 104,040
Median Age: 37.71 40.45 39.8
Households: 2,167 20,831 44,634


Photograph of Listing Agent

Virginia F Brockman

KW Commercial Greater Chattanooga REALTORS® Member
© Copyright 2001-2019 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.