Office/Retail Space on Hixson Pike

Retail-Commercial for Sale
Catylist Listing ID: 30764260
Property Subtypes: Free-Standing Building, Street Retail, Other
Building Size (RSF): 1,562 SF
Gross Building Area: See Agent
Gross Land Area: 0.25 Acres
Sale Price: $250,000
Unit Price: $160.05 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 1,562 SF
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 10/15/2021

Overview / Comments

This property is located in an idea spot for maximum visibility on Hixson Pike. Traffic counts reach over 24,000 vehicles daily. The space has been used as a hair salon, retail shop and office over the years. The interior needs a remodel to bring it up to date.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033118C A 05300P000
Retail Clientele: General, Family, Business, Traveler, Tourist, Other
Property Located Between: North Chattanooga and Hixson
Property Visibility: Excellent
Largest Nearby Street: Hixson Pike
Feet of Frontage: 51
Traffic/Vehicle Count: 24,000
Airports: Chattanooga Airport
Site Description: This A-framed building has perfect visibility from Hixson Pike. The building also has an apartment on the second level which could generate some extra income for an owner.
Area Description: The property is surrounded by businesses, apartments and single family homes. A neighborhood Walmart shopping center is less than a mile down the street.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Fair
Year Built: 1968
Construction/Siding: Wood Siding
Total Parking Spaces: 12
Parking Type: Surface
Lot Frontage: 51
Lot Depth: 154
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,344 46,418 109,044
Median Age: 40.25 38.42 39.39
Households: 2,823 20,980 46,859


Photograph of Listing Agent

Joe M Pleva

KW Commercial Greater Chattanooga REALTORS® Member
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