Central Freight Depot

Retail-Commercial for Sale
Catylist Listing ID: 30348110
Property Subtypes: Free-Standing Building, Garden Center, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 7,722 SF
Gross Land Area: 2.17 Acres
Sale Price: $1,700,000
Unit Price: $220.15 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Central Freight Depot
Sale Terms: Cash to Seller, Owner Financing, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 11/6/2018

Overview / Comments

Iconic former Central Freight Depot Building-built in 1947, this funky holdover from the past has been well maintained and is ready for its next purpose. This spot used to be a place where freight was stored while awaiting onward transport, and now it can be a place where Chattanoogans gather to talk, eat, drink, and relax. Call to schedule your tour today- you'll be impressed by how the bright green accents stand out and the multiple fully operational roll-up doors. The Freight Depot is on Central and Main in the Southside and over 8,000 cars pass this building per day. Roll-up doors open to patio than spans entire length of building would be perfect for a brewery or restaurant, kitchen and grease trap easily built out.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033146P J 00600P000
Zoning: M-1
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Located Between: Main St and Rossville Blvd
Property Visibility: Excellent
Feet of Frontage: 55
Traffic/Vehicle Count: 7,800
Highway Access: US 24/27/I-75
Airports: CHA
Site Description: Flat, paved
Area Description: 2.17 acre parcel, excellent visibility, adjacent to sculpture fields
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 7,722 SF
Property Condition: Good
Year Built: 1947
Year Renovated: 1988
Roof Type: Flat
Construction/Siding: Aluminum Siding
Total Parking Spaces: 160
Parking Type: Surface
Parking Description: 2.2 acre flat lot, parking no charge
Sprinklers: None
Heat Source: Heat Pump
Air Conditioning: Other
Internet Access: Other
Zoning Description: M-1
Water Service: Municipal
Sewer Type: Storm
Legal Description: Lts 87-92 Orange Grove Pb 3 Pg 39 L Ts 3-8,11-14 Pt 10 Blk 1 Lts 4-12 B Lk 2 M V Raleys Pb 5 Pg 54 0103 18001&

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,668 72,060 141,838
Median Age: 27.77 34.8 36.9
Households: 2,574 28,909 58,712

Contact

Photograph of Listing Agent

Natalie Hostetler

Second Story Real Estate Manag Greater Chattanooga REALTORS® Member
Photograph of Listing Agent

Kelly Fitzgerald

Second Story Real Estate Manag Greater Chattanooga REALTORS® Member
© Copyright 2001-2018 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.