Car Repair/Used car lot/C2/Hwy 60/Georgetown

Retail-Commercial for Sale
Catylist Listing ID: 30462636
Property Subtypes: Free-Standing Building
Building Size (RSF): 1,508 SF
Gross Building Area: See Agent
Gross Land Area: 1.28 Acres
Sale Price: $150,000
Unit Price: $99.47 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 1,508 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/27/2019

Overview / Comments

REO FORECLOSURE-Located near newly proposed TVA facility in Georgetown,
TN. Property sold as-is, where-is. HAMILTON COUNTY ZONED C2.
No warranties expressed or implied.
Approx. 1.28 acres/2 lots/with 2 structures. Metal building with commercial
garage doors, 2 Matco hydraulic lifts (look new), concrete floor.
The other building was used as offices and storage for a used car lot.
Large asphalt parking lot! The property is on a corner lot that lays pretty well.
2015 year built metal building. 1995 year built office/garage.

Additional Details

Nearest MSA: Cleveland
County: Meigs
Submarket Type: Suburban
Tax ID/APN: 033053 00922
Zoning: C2
Retail Clientele: Business
Property Located Between: Hwy 58/Hwy 60 intersection & New Family Dollar store
Property Visibility: Excellent
Largest Nearby Street: 1 mile
Traffic/Vehicle Count: 1,000
Highway Access: One mile or less off of Hwy 58. 10-14 minutes to I-75.
Airports: Cleveland
Site Description: Property is mostly cleared. Level and gentle slopes.
Area Description: Near farm community, subdivision, churches, retail
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Year Built: 2015
Roof Type: Flat
Construction/Siding: Metal Siding, Other
Exterior Description: Metal and masonite
Total Parking Spaces: 50
Parking Type: Surface
Parking Description: Asphalt paved in good condition
Sprinklers: None
Heat Type: Electricity
Interior Description: Fair on office bldg./Excellent on metal bldg.
Zoning Description: C2
Lot Frontage: 249'
Lot Depth: 193'
Water Service: Municipal
Sewer Type: Septic
Easements: Electric Lines
Land Ownership: Seller will not sell lots separately
Legal Description: Lt 4 Georgetown Village Pb 48 Pg 14 & Lt 5 Georgetown Village Pb 48 Pg 14

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,105 15,618
Median Age: 40.45 42.98
Households: 405 6,017


Photograph of Listing Agent

Gil Patton

Real Estate Partners Chatt LLC Greater Chattanooga REALTORS® Member
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