OFFICE, WAREHOUSE, BAY DOOR, SURFACE PARKING, EASY ACCESS

Retail-Commercial for Sale
Catylist Listing ID: 30296145
Property Subtypes: Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Restaurant, Retail-Pad, Street Retail, Vehicle Related, Other
Building Size (RSF): 9,000 SF
Gross Building Area: See Agent
Sale Price: $600,000
Unit Price: $66.67 PSF
Property Use Type: Vacant/Owner-User, Business
Building Name: Uniforms for America
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/5/2019

Overview / Comments

9,000 sf building store front building; 4,000 sf and currently a vacant, retail /office space flooded with natural light through windows and storefront double doors. Additionally, there a storage area with walkin and a bay door at the end of the building that opens to a secured fenced area gated for deliveries or outdoor storage. On the opposite end of the building are 3 occupied short term tenant spaces. This building has excellent visibility with easy ingress/egress onto Ringgold Road, surface parking in front of the building and signage on the building, also an outdoor sign post at the corner of the property.

According to the owner, this building was taken down to the foundation about twenty years ago and built new without alternating the setbacks, also an addition increased the overall size accounting for the difference in stated and tax records. In 2014, the owner upgraded to efficient upgrades; wiring, windows, roof, HVAC, gutters and interior finishes. The building has been well maintained and ready to go - it was owner occupied.

There are State of TN proposed changes to Ringgold Road with sewer updates, and the addition of sidewalks and bike lanes. The owner has received written notice that this property will not be affected by this project.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 033166E L 00101P000
Zoning: COMMMERCIAL
Retail Clientele: General, Business, Other
Property Located Between: Heart of East Ridge, TN, between I-24 and I-75
Property Visibility: Excellent
Largest Nearby Street: I-24 or I-75 to Ringgold Road
Feet of Frontage: 185
Highway Access: I-24 East/West, exit 184 Moore Road to right Ringgold Road; 1-75 North/South, exit 1 Ringgold Road
Airports: Lovell Field, Chattanooga, TN
Site Description: Linear Lot with slight slope to the road with surface parking. Backs up to old Ringgold Road; outdoor walkway to the rear of the building and a driveway to the rear on the opposite end.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Renovated: 2014
Roof Type: Flat
Construction/Siding: Other
Parking Type: Surface
Parking Description: Lined Asphalt Surface at the Front of Building; Additional parking available in fenced area
Zoning Description: Commercial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,039 76,789 150,270
Median Age: 40.43 36.75 37.15
Households: 5,809 30,833 62,022

Contact

Photograph of Listing Agent

Judy Holley

Crye-Leike, REALTORS Greater Chattanooga REALTORS® Member
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