Two Metal Buildings (Owner Financing)

Retail-Commercial for Sale
Catylist Listing ID: 30609405
Property Subtypes: Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Restaurant, Street Retail, Vehicle Related, Other
Building Size (RSF): 17,000 SF
Gross Land Area: 1.34 Acres
Sale Price: $799,000
Unit Price: $47 PSF
Ceiling: 18 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Two Metal Buildings off SR 28
Usable Size (USF): 17,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/16/2020

Overview / Comments

This listing is for two metal commercial buildings neighboring each other.
Addresses are: 6172 SR 28 and 6188 SR 28 Dunlap, TN (currently leased)
The larger of the two is 6172 SR 28. This building has the following:
Building ONE 10800sf
• Open 3498sf showroom with windows facing the highway. Concrete floors.
• Downstairs connected to the showroom there are two offices, two restrooms and a utility room with laundry connections.
• To the center of the building is a large open area with 18ft ceilings and 14ft manual rollup doors on each side.
• To the rear of the building is a separate (enclosed) 3123sf room with 18ft ceilings and four 14ft manual rollup doors (two on each side).
• Also, another storage room in the very back.
• Upstairs (Access from the center of the building - Stairs on each side of the room).
• Apartment upstairs: Five bedroom, two full bathrooms, kitchen in the center of the apartment. Comes with matching Electric stove, Microwave, dishwasher and double door refrigerator. Real wood cabinets and double sink.
• Gutters

6188 SR 28. This building has the following: (Vacant) Available Lease $3000 Gross with a 5 year term.
Building TWO 6200sf + Carport
• Has two offices in the front
• One bathroom in the front near the offices
• From the office hallway you can gain access to the back work area/warehouse
• Back area is open with concrete floors
• Includes an paint booth and car lift
• Drainage in the floor
• One bathroom
• Five rollup manual doors
• Storage rooms
• Gas heat
• 12ft ceilings
• Water faucets in the rear of the building
• Gutters

Owner Financing or Lease to Own. Call for terms.

Additional Details

Nearest MSA: Chattanooga
County: Sequatchie
Taxing Authority: Sequatchie
Tax ID/APN: 077054 06025
Zoning: C2
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Located Between: SR 28
Property Visibility: Good
Largest Nearby Street: Dunlap, TN
Feet of Frontage: 274
Highway Access: Easy access onto SR 28.
Airports: Chattanooga - 1.5hr, Nashville - 1.5hr and Atlanta - 2.5hrs.
Site Description: The buildings have a good set back from SR 28 with high visibility. Gravel access from highway to the buildings. Vehicles can drive around 6188 SR 28 and access to either side of 6172 SR 28.
Area Description: Rural community with growth.
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Year Built: 2000
Roof Type: Arched
Construction/Siding: Metal Siding
Exterior Description: Metal buildings on concrete slabs. Guttered.
Total Parking Spaces: 40
Parking Type: Structure, Surface
Parking Description: Parking on the gravel lot, inside the showroom, several garage doors for easy access for inside parking.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Fiber Optic, Other
Interior Description: Offices are drywalled and painted. Interior is insulated from wall to ceiling.
Zoning Description: Commercial (6188 SR 28 was a former paint shop)
Lot Frontage: 274
Lot Depth: 270
Water Service: Municipal
Sewer Type: Septic
Legal Description: 6172 SR 28 Porton Lots 3 & 4 6188 SR 28 Lots 2 & Portion Lot 3

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,663 4,834 10,624
Median Age: 37.52 38.22 39.37
Households: 1,014 1,831 4,113

Contact

Photograph of Listing Agent

Cliff Butler

RE/MAX Real Estate Center Greater Chattanooga REALTORS® Member
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