Highway 58 Signalized Hard Corner .58 AC

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30447361
Property Subtypes: Car Wash, Restaurant
Status: Pending
Building Size (RSF): 2,016 SF
Gross Land Area: 0.58 SF
Sale Price: $312,500
Unit Price: $155.01 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 2,016 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/20/2019

Overview / Comments

Located minutes from Highway 153 on the Highway 58 Corridor at Webb Rd is a .58 ac paved parcel, former manual car wash ideally suited for retail, fast food restaurant, drive-through facility with quick ingress and egress. Stoplight to Hwy 58 at Webb Road. Traffic Counts almost 40,000 vehicles per day with C-2 Zoning. Great site location for income producing retail opportunity.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Chattanooga
Tax ID/APN: 129B B 009
Zoning: C-2
Retail Clientele: General, Business, Other
Property Located Between: Webb Road and Highway 58
Property Visibility: Excellent
Largest Nearby Street: Highway 58
Feet of Frontage: 155
Traffic/Vehicle Count: 39,366
Highway Access: Hwy 58 to Hwy 153 South to I-75 North or South
Airports: Chattanooga Lovell Field
Site Description: Signalized Hard Corner Hwy 58 at Webb Rd. Former self serve car wash with excellent visibility with almost 40,000 vehicles per day passing by. this location.
Area Description: The Highway 58 Corridor is a predominantly retail corridor traveling north passing Harrison Bay and extending through Decatur, TN. Excellent traffic counts bisecting Hwy 153 major Chattanooga road artery.
Property Condition: Fair
Total Parking Spaces: 30
Parking Type: Surface
Parking Description: Surface
Zoning Description: C-2
Lot Frontage: 155
Lot Depth: 145
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Single

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,871 34,158 114,099
Median Age: 40.67 40.63 39.68
Households: 2,653 15,156 47,569

Contact

Photograph of Listing Agent

Tad Bromfield

Sentinel Commercial Properties Greater Chattanooga REALTORS® Member
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