Retail Property with 2.91 Acres

Retail-Commercial for Sale
Catylist Listing ID: 30396624
Property Subtypes: Free-Standing Building, Garden Center, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 1,596 SF
Gross Land Area: 2.91 Acres
Sale Price: $200,000
Unit Price: $125.31 PSF
Ceiling: 8 ft.
Property Use Type: Business
Building Name: The Outpost
Usable Size (USF): 1,596 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/26/2019

Overview / Comments

This freestanding building has excellent visibility with 450 feet of Highway 58 road frontage. The building is 1,596 Sf with a large showroom, a bathroom, and several smaller rooms. In the past, this building was used as a small, family run retail store as well as a restaurant/bar. Located 1/2 mile from a brand new Dollar General. With 2.91 acres, this property could easily be redeveloped for a self-storage facility or a national chain business. With future TVA & Volkswagen expansion, this area's population is steadily growing. Come see this great investment.

Other possible uses could be RV self storage, a competing dollar type store to Dollar General, farm related, restaurant or auto related.

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 061 037
Zoning: C-2 & R2-A
Retail Clientele: General, Family, Business, Traveler
Property Located Between: Runyan Rd and Thomas Lane
Property Visibility: Excellent
Largest Nearby Street: Hwy 58
Feet of Frontage: 450
Traffic/Vehicle Count: 9,262
Highway Access: TN Hwy 58
Airports: Chattanooga Metropolitan
Site Description: The front 1/2 of the property, adjacent with Hwy. 58, is flat and open. The back 1/2 of the property, adjacent with Meadowview Road, is a sloping hill. A small creek divides the two halves.
Area Description: Rural
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,596 SF
Property Condition: Fair
Year Built: 1968
Roof Type: Gable
Construction/Siding: Block
Exterior Description: Block building
Total Parking Spaces: 10
Parking Type: Surface
Parking Description: 10 spots in front of the building with additional parking throughout the property.
Sprinklers: None
Heat Type: Other
Heat Source: Other
Air Conditioning: Window Unit
Interior Description: Large open room and several small office sized rooms.
Zoning Description: Commercial
Lot Frontage: 450
Lot Depth: 295
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Owned

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,441 15,497
Median Age: 42.39 42.73
Households: 2,467 5,891

Contact

Photograph of Listing Agent

Robert Fisher

KW Commercial Greater Chattanooga REALTORS® Member
Photograph of Listing Agent

Tyler Rogers

KW Commercial Greater Chattanooga REALTORS® Member
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