Prime Location by Ruby Falls Converted Hotel
Multi-Family
for Sale
| Catylist Listing ID: |
30663116 |
| Property Subtypes: |
Duplex/Fourplex, Other
|
| Number of Units: |
2 Units |
| Building Size (RSF): |
3,866 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$250,000 |
| Unit Price: |
$125,000 Per Unit |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Last Updated: |
3/31/2021 |
Overview / Comments
|
This historic old motel that had been converted into a quadplex and now being occupied by the owner. This location is ideal for a multi-level hotel or apartment building. Zoned C-2 you will face no restrictions in turning this lot into whatever you desire. The cummings HWY location boasts tons of traffic and spectacular views just over the low tree line across the street and is just seconds from RUBY FALLS. This property will be absolutely amazing with just a little imagination.
|
Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Hamilton |
| Tax ID/APN: |
033155A A 00201 |
| Zoning: |
R-2 |
| Property Located Between: |
Ruby Falls and St. Elmo |
| Highway Access: |
I-24 and Cummings HWY |
| Airports: |
CHA |
| Site Description: |
Large lot with some sloping |
| Total Number of Buildings: |
3 |
| Property Condition: |
Average |
| Number of Stories: |
1 |
| Year Built: |
1945 |
| Year Renovated: |
2003 |
| Roof Type: |
Gable |
| Construction/Siding: |
Stucco |
| Parking Type: |
Surface |
| Laundry: |
In Each Unit |
| Zoning Description: |
C-2 |
| Lot Frontage: |
373 feet |
| Lot Depth: |
variable |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
Pt Se 1/4 Sec 6 Twp 3 R-4 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,335 |
28,216 |
87,384 |
| Median Age: |
46.2 |
35.25 |
35.7 |
| Households: |
569 |
11,454 |
35,185 |
|
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