Etowah Main Street Opportunity

Vacant Land for Sale
Catylist Listing ID: 30612236
Property Subtypes: Hospitality, Office, Residential (Single Family), Retail, Retail-Pad
Gross Land Area: 0.51 Acres
Sale Price: $185,000
Unit Price: $362,745 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 11/18/2020

Overview / Comments

The house on this property is currently occupied with a month to month tenant. The true value of this property is in the land. It is zoned R1 but could be easily rezoned to commercial.
100' of frontage on Tennessee Ave (Hwy 411) surround by light commercial such as Red Roof Inn, Waffle House, McDonalds, Star Mountain Car Wash, and Piggly Wiggly to name a few.

Lot is level on the front and gently slopes back. Perfect for a building with a dock door.

Owner will remove house if buyer doesn't want to use it.

Owner will do owner finacning with a minimum of 25% down, with credit approval.

Additional Details

Nearest MSA: Athens
County: McMinn
Taxing Authority: McMinn County
Tax ID/APN: 054107J B 06900
Zoning: R1
Property Located Between: County Road 492 and Cooper Street
Property Visibility: Excellent
Legal Description: 04 106I A 106P 01900 000
Largest Nearby Street: Highway 30
Feet of Frontage: 75
Highway Access: Hwy 411, I 75
Site Description: Level lot, small house on property.
Area Description: Surrounded by commercial and retail use.
Lot Frontage: 75'
Lot Depth: 300'
Zoning Description: R1
Topography: Level
Available Utilities: Electric, Water, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 665 8,184 9,128
Median Age: 41.91 44.09 43.92
Households: 288 3,349 3,704


Photograph of Listing Agent

Judy Webster

Keller Williams Realty Greater Chattanooga REALTORS® Member
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