E. Third Street Building Complex

Retail-Commercial for Sale
Catylist Listing ID: 29657173
Property Subtypes: Free-Standing Building, Mixed Use, Retail-Pad
Building Size (RSF): 4,284 SF
Gross Land Area: 0.40 Acres
Sale Price: $290,000
Unit Price: $67.69 PSF
Ceiling: 13 ft.
Property Use Type: Business
Building Name: J. T. Mc Daniel Novelty
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/13/2018

Overview / Comments

This building is currently setup as three units (A,B,C). The end and center units are occupied and the other end yet is vacant. This unit is up for lease and the novelty store is relocating. The businesses are on a month to month lease. Water is paid by the owner. All other utilities are paid by the tenants.

Unit A is approx. 2,200 sq. ft.(vacant); Unite B (end unit) is approx. 1,000 sq. ft., and Unit C (end unit) is 1,000 sq. ft.

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 146F P 018
Zoning: C-1
Market Type: Medium
Retail Clientele: Business
Property Located Between: Mc Callie Avenue and Glenwood Drive
Side of Street: Northeast
Road Type: Paved, Highway
Property Visibility: Excellent
Largest Nearby Street: Glenwood Drive
Feet of Frontage: 1,724
Traffic/Vehicle Count: 12,712
Transportation: Bus, Highway, Taxi
Highway Access: I-24
Site Description: This building is in good conditions. The location is perfect for use of various businesses.
Area Description: Surrounds business near this property are churches, medical facilities and service stations.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,200 SF
Property Condition: Average
Year Built: 1987
Construction/Siding: Block
Parking Type: Surface
Parking Description: Parking availability in front of business.
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Novelty Sales in one unit and Cricket Sales in the other unit.
Lot Frontage: 149.97
Lot Depth: 116.46
Easements Description: N/A
Land Ownership: Land is owned by the Seller.
Legal Description: LT 138-3 BLK 6 Lovemans Addn Pb 2 Pg 2 Rev 36-246 Pu6264 0062 24 05

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,560 79,431 146,706
Median Age: 34.52 35.3 36.57
Households: 4,648 31,996 61,518


Photograph of Listing Agent

Lora M Dawson

Crye-Leike, REALTORS Greater Chattanooga REALTORS® Member
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