Catylist ID:
#30316468
1.44 ACRES | FUTURE RETAIL DEVELOPMENT OPPORTUNITY
Retail-Commercial
for Sale
| Catylist Listing ID: | 30316468 |
| Property Subtypes: | Free-Standing Building, Restaurant, Retail-Pad, Other |
| Building Size (RSF): | 8,900 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 1.44 Acres |
| Sale Price: | $2,800,000 |
| Unit Price: | $314.61 PSF |
| Property Use Type: | Investment, Vacant/Owner-User |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 8/3/2020 |
Overview / Comments
|
New development opportunity or current building could work for the right user. 7316 Shallowford is positioned to experience traffic coming to or heading from Gunbarrel Road, New Waterside Development (REI, Burlington & Publix recent projects), Interstate 75 and Hamilton Place Blvd. The traffic light in front of the property provides easy access. *Current building layout 2,990 SF Cold dark shell space - STE A 4,560 SF Medical space - STE B 1,000 SF Office - STE C Listing agent does not guarantee the accuracy of the Acreage or Building SF. Buyer to verify Acreage & Building SF. |
Additional Details
| Nearest MSA: | Chattanooga |
| County: | Hamilton |
| Tax ID/APN: | 033149H E 00601P000 |
| Zoning: | C2 |
| Retail Clientele: | General, Business, Other |
| Property Located Between: | Hamilton Place Blvd & Gunbarrel Road |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Shallowford, Gunbarrel and Hamilton Place Blvd |
| Highway Access: | I-75 |
| Airports: | www.chattairport.com |
| Year Built: | 1989 |
| Year Renovated: | 2013 |
| Total Parking Spaces: | 90 |
| Parking Type: | Surface |
| Interior Description: | Current building has 3 different suites with a medical office occupying the larger suite in the middle. (Medical Office will be relocating) |
| Lot Frontage: | 200 Feet |
| Lot Depth: | 300 Feet |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Legal Description: | Lt 1 Porter Wilson Sub Pb 43 Pg 154 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 7,648 | 48,676 | 108,321 |
| Median Age: | 41.32 | 40.14 | 39.53 |
| Households: | 3,736 | 20,586 | 44,272 |
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