Great Visibility - Repurpose Opportunity, near I-24 , Downtown
Special Purpose
for Sale
Also listed as Industrial
| Catylist Listing ID: |
30351456 |
| Building Size (RSF): |
3,962 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
11,326 SF
|
| Sale Price: |
$950,000 |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/4/2020 |
Overview / Comments
Southside Property Redevelopment Investment Opportunity at the corner of W. 20th and Emerson Dr., between Market and Broad Street, at the I-24, Hwy. spilt. There are two connected buildings on the property operated by an auto repair service with walk-in doors on W. 20th St, 2 Bay Doors with a fenced parking area accessible from Emerson Street which exits onto W. 20th or 19th St.; adjoining apartments are also available for sale. Wide range of possibilities on Chattanooga's booming southside with easy access to Downtown Chattanooga, Historic Lookout Mountain and I-24. Currently used as an automotive repair business. Adjoining Properties are available.
|
Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Hamilton |
| Submarket Type: |
Redevelopment District |
| Taxing Authority: |
City of Chattanooga Hamilton County TN |
| Tax ID/APN: |
033145M A 01600 |
| Zoning: |
COMMMERCIAL |
| Property Located Between: |
Market Street, Broad Street at Interstate 24 and TN Hwy 27 Interchange |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
I-24 |
| Highway Access: |
Property is located at the I-24, TN Hwy. 27 Downtown Interchange |
| Site Description: |
On Street with high visibility and easy access from I-24, Market and Broad Streets on the progressive Southside area. Opportunity zone. |
| Area Description: |
Chattanooga booming Southside District with a variety of Restaurants, Hotels, Entertainment, Housing, Schools, goods and services in close proximity. Easy access to I-24, gets you anywhere in Chattanooga SMA in minutes and great location for tourist and vistors to the area. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Good |
| Year Built: |
1950 |
| Roof Type: |
Gable |
| Construction/Siding: |
Metal Siding |
| Parking Type: |
Surface |
| Parking Description: |
Surface parking at the rear of the building. |
| Heat Type: |
Other |
| Interior Description: |
Open work space with smaller/office rooms on one side. |
| Zoning Description: |
Commercial |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,636 |
60,094 |
131,394 |
| Median Age: |
30.83 |
34.12 |
36.69 |
| Households: |
2,942 |
23,643 |
54,222 |
|
© Copyright 2001-2020 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Greater Chattanooga REALTORS® nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|
