5720 Hixson Pike - 425 ft Road Frontage

Retail-Commercial for Sale
Catylist Listing ID: 30339052
Property Subtypes: Street Retail
Building Size (RSF): 1,860 SF
Gross Building Area: See Agent
Gross Land Area: 2.44 Acres
Sale Price: $750,000
Unit Price: $403.23 PSF
Property Use Type: Business
Building Name: Backyard Buildings
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 10/15/2018

Overview / Comments

425 feet of road frontage directly on Hixson Pike, with an office building and storage building with bay door. It is currently being and has been operated as Backyard Barns since 2007. In it's previous life it served as a car lot. Approx. 1.50 acres of the 2.44 acre tract has been cleared and back filled and has hard surface parking. There is a creek on the property, still shaded that would make a beautiful setting for a restaurant or office with your own private canoe launch or fishing hole, adjoining Creeks Bend Golf Club and across from Hixson High School

A real sleeper this property would be a great sales yard for automobiles, lawn and garden equipment, a convenient location for daycare, veterinary office, restaurant, medical, EMS facility, storage units, bakery, recreational canoe and kayak club, liquor store with convenient, easy access and great visibility. There is a billboard and sign leases on the property that are not included in the sale. This is a large diverse property that the sellers will consider dividing. Elongated lot with two ingress-egress points - it could accommodate more that one business.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: City of Chattanooga Hamilton County TN
Tax ID/APN: 100 025
Zoning: COMMMERCIAL
Retail Clientele: General, Family, Business, Recreation
Property Located Between: Creeks Bend Golf Club, Hixson High School & Food City Development
Property Visibility: Excellent
Largest Nearby Street: Old Hixson Pike
Feet of Frontage: 425
Traffic/Vehicle Count: 30,000
Highway Access: I-75 to Highway153 to Hixson Pike; or I-24 to Hwy 127 Bypass to153 to Hixson Pike; 10 Minutes from Downtown Chattanooga. Intersection Hixson Pike, Old Hixson Pike and Middle Valley Road.
Airports: Lovell Field, Chattanooga, TN
Site Description: 2.44 Acres, most of the property is level with hard surface parking. It tapers at one end with easy access to the creek. The creek separates the property from Creeks Bend Golf Club and Course. Two Points of ingress / egress onto Hixson Pike and curbed walkway lines the road frontage. High visibility on Hixson Pike, Tranquil Creek Side Setting or open up a Golf Course view -this site offers it all.
Area Description: Residential, Retail, Recreation, Schools, Retirement mature, new and progressive suburban area.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 1,536 SF
Property Condition: Good
Year Built: 1982
Roof Type: Flat
Parking Type: Surface
Parking Description: Asphalt
Sprinklers: None
Heat Source: Central
Zoning Description: Commercial
In Flood Plain?: Yes
Lot Frontage: 245'
Lot Depth: VARIES
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Individual
Legal Description: Re: Warranty Deed, Recorded Hamilton County, TN Book 9895, Page 774

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,303 41,677 84,155
Median Age: 46.95 42.45 40.86
Households: 1,385 17,428 35,321

Contact

Photograph of Listing Agent

Judy Holley

Crye-Leike, REALTORS Greater Chattanooga REALTORS® Member
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