Retail Space with attached Rental Storage Units

Retail-Commercial for Sale
Catylist Listing ID: 30558641
Property Subtypes: Convenience Store, Free-Standing Building, Other
Building Size (RSF): 3,400 SF
Gross Land Area: 20,000 - 21,000 SF
Sale Price: $147,850
Unit Price: $43.49 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 3,400 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/22/2020

Overview / Comments

3400 Sq. Ft. Building on 1/2 Acre with rent-able mini storage units and a income producing Billboard. The Property is located on heavily traveled Mission Ridge Road near the New Food City Complex .The main Building is 40 ft. x 40 ft and is well suited for Convenience Store , retail or resale shops or Restaurant . The building has concrete floors , 2 offices and a restroom . The main building has built in coolers and Central heat and air. ( Access to walk-in cooler in attached rear building) The rear attached building is 30 ft. x 30 ft.. The building is configured into storage Units with individual roll-up doors and are as follows : (10 ) - 10 ft x 15 ft. Units and (6) - 5 ft.x 10 ft. Units One of the 10 x 15 units has a cooler installed . A high chain link fence surrounds the sides and rear of the property for secure RV or Boat storage. The property has 15 to 20 parking spaces. The property has a billboard with a current annual lease income stream .

Additional Details

Nearest MSA: Chattanooga
County: Walker
Tax ID/APN: 0125 067A
Zoning: C-1
Retail Clientele: General, Family
Property Located Between: Located South of HWY 2A on Mission Ridge Road
Property Visibility: Excellent
Largest Nearby Street: Mission Ridge Road
Feet of Frontage: 150
Highway Access: Close to 2A , HWY 27 BY-Pass , and Hwy 341
Airports: Chattanooga
Site Description: 3400 Sq. Ft. Building on 1/2 Acre with rent-able mini storage units and a income producing Billboard. The Property is located on heavily traveled Mission Ridge Road near the New Food City Complex .The main Building is 40 ft. x 40 ft and is well suited for Convince Store , retail or resale shops or Restaurant . The building has concrete floors , 2 offices and a restroom . The main building has built in coolers and Central heat and air. ( Access to walk-in cooler in attached rear building) The rear attached building is 30 ft. x 30 ft.. The building is configured into storage Units with individual roll-up doors and are as follows : (10 ) - 10 ft x 15 ft. Units and (6) - 5 ft.x 10 ft. Units One of the 10 x 15 units has a cooler installed . A high chain link fence surrounds the sides and rear of the property for secure RV or Boat storage. The property has 15 to 20 parking spaces. The property has a billboard with a current annual lease income stream .
Area Description: Located in Mixed business and residential area . In close proximity to Food City , Family Dollar , Rossville Middle School and Ridgeland High School.
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 3,400 SF
Property Condition: Average
Year Built: 1997
Roof Type: Gable
Total Parking Spaces: 15
Parking Type: Surface
Parking Description: Front and both sides
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Store front 40 x 40 with 1 walk thru retail type door and 1 side walk thru Metal door.and 1 connecting Metal rear door . Concrete Floor with installed coolers , 2 offices and 1 restroom . 30 x 30 connected rear building divided into 16 rental mini storage Units.
Zoning Description: C-!
Lot Frontage: 150
Lot Depth: 175
Water Service: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 733 20,206 51,507
Median Age: 39.41 39.56 39.03
Households: 289 7,881 20,309

Contact

Photograph of Listing Agent

Ian O'Shea

Crye-Leike, REALTORS Greater Chattanooga REALTORS® Member
© 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.