Commercial Space

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30700887
Property Subtypes: Restaurant, Tavern/Bar/Nightclub, Other
Status: Pending/Contingent
Building Size (RSF): 1,200 SF
Gross Land Area: 1,307 SF
Sale Price: $89,900
Unit Price: $74.92 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/15/2021

Overview / Comments

All brick commercial space with many possibilities. The building is vacant waiting on a new owner located among other businesses. According to the River to Ridge area plan, "establishing commercial centers and corridors that cluster retail, offices, services and residential uses within a walkable environment is an approach for growth that is sustainable." This property is ideal space for retail, office or a service business.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 137A N 006
Zoning: C-2
Property Located Between: Property located next to Glass House office space across from new Save-A-Lot that recently opened.
Property Visibility: Excellent
Largest Nearby Street: Glass Street
Feet of Frontage: 19
Highway Access: Close to Highway 153 and Amnicola Highway
Airports: Chattanooga
Site Description: This space is adjoining to other commercial spaces
Area Description: The area is know as Glass Farm which has seen some renewal of area businesses, as well as new park spaces and the establishment of strong community advocates. Additionally, some of the area’s housing has been renovated and new units have been built on previously vacant lots.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,200 SF
Property Condition: Fair
Year Built: 1920
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: brick
Sprinklers: None
Heat Type: Other
Heat Source: Other
Air Conditioning: Other
Internet Access: Other
Interior Description: Interior is available for total renovation
Lot Frontage: 19.84
Lot Depth: 60
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lt Pt 21 Blk Kill Lts 21.58 Spring Place Addn to Sherma Hgts

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,634 58,043 154,649
Median Age: 34.88 35.86 37.39
Households: 3,355 23,159 65,986


Photograph of Listing Agent

Joyce A Smith

Keller Williams Realty Greater Chattanooga REALTORS® Member
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