North Chattanooga/Cherokee Blvd. Development Property For Sale

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30360341
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Street Retail, Other
Building Size (RSF): 16,000 SF
Gross Land Area: 1.20 Acres
Sale Price: $3,500,000
Unit Price: $218.75 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/27/2019

Overview / Comments

Awesome opportunity in North Chattanooga! 1.2 Acres - largest parcel available on Cherokee Blvd. Property is positioned well for development of multifamily/retail mixed use. Take advantage of the excellent views of downtown. Over 200FT of road frontage and access from streets on both sides of the property. Existing office building is generating a nice income as well. Call for details......Prime North Shore office/retail flex space now available. Excellent space with large open area surrounded by multiple private offices, kitchen/break room, and conference room. Plenty of onsite parking (FREE). Great place for business needing to be close to downtown but without the high rental rates. There is also flex/warehouse space with 2 rollup doors available.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033135C B 00300P000
Zoning: COMMERCIAL
Property Visibility: Excellent
Tenancy: Multiple Tenants
Property Condition: Excellent
Year Built: 1960
Year Renovated: 2001
Roof Type: Flat
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,594 44,650 118,387
Median Age: 34.03 35.31 36.95
Households: 1,557 18,775 49,368

Contact

Photograph of Listing Agent

Rusty Hall

RH Real Estate, LLC Greater Chattanooga REALTORS® Member
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