High Visibility Auto Sales Lot

Retail-Commercial for Sale
Catylist Listing ID: 30643541
Property Subtypes: Car Wash, Convenience Store, Free-Standing Building, Garden Center, Parking Facility, Retail-Pad, Street Retail, Vehicle Related, Other
Building Size (RSF): 3,049 SF
Gross Building Area: See Agent
Sale Price: $102,000
Unit Price: $33.45 PSF
Property Use Type: Business
Building Name: Use Car Lot
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/1/2020

Overview / Comments

Used Auto Retail Center since 1992. Triangle shape lot 3,049 sf with a small office , 200 sf, tucked away at the back of the lot, with 100 feet of road frontage on Rossville Blvd and the 8th Avenue. The lot is fenced with a gate at the front of the lot on 8th St.

Auto Zone, O'Reilly's & Advanced Auto Parts are across & next to this property., near Walter A. Wood, McDonald's, on the Chattanooga side of the Railroad.
The property has served as a retail car lot for 28 years by an owner operator and then rent out by the same use by the heirs. A proven location for auto sales, the easy access and high visibility provides the opportunity for other retails sales.
Property is leased and occupied, please do not approach tenants. Contact Agent.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: City of Chattanooga Hamilton County TN
Tax ID/APN: Parcel ID/Tax ID 168I J 019
Retail Clientele: General, Business, Other
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 200 SF
Year Built: 1956
Construction/Siding: Block
Exterior Description: Asphalt lot, chain link fenced and rolling gate, small block office at the rear.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,748 64,450 130,567
Median Age: 33.24 36.18 37.37
Households: 2,065 26,002 53,191

Contact

Photograph of Listing Agent

Judy Holley

Crye-Leike, REALTORS Greater Chattanooga REALTORS® Member
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