Opportunity Zone - Two Adjoined Buildings with Parking
Retail-Commercial
for Sale
Catylist Listing ID: |
30351456 |
Property Subtypes: |
Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Restaurant, Retail-Pad, Street Retail, Vehicle Related, Other
|
Building Size (RSF): |
3,962 SF
|
Gross Building Area: |
See Agent |
Gross Land Area: |
11,326 SF
|
Sale Price: |
$850,000 |
Unit Price: |
$214.54 PSF |
In Opportunity Zone? |
Yes |
Property Use Type: |
Investment, Vacant/Owner-User, Business |
Building Name: |
Diza Motors |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
1/14/2021 |
Overview / Comments
Southside at the corner of W. 20th and Emerson Dr., between Market and Broad Street, at the I-24, Hwy. 27 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.
All information is believed to be correct, but subject to buyer verification.
|
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 |
Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation, Convention, Other |
Property Located Between: |
Market Street, Broad Street at Interstate 24 and TN Hwy 27 Interchange |
Property Visibility: |
Excellent |
Largest Nearby Street: |
I-24, Broad & Market |
Feet of Frontage: |
83 |
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: |
2 |
Number of Stories: |
2 |
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 |
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