Catylist ID:
#30389116
| Catylist Listing ID: | 30389116 |
| Property Subtypes: | Free-Standing Building, Retail-Pad |
| Building Size (RSF): | 56,234 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 11.28 Acres |
| Sale Price: | $12,500,000 |
| Unit Price: | $222.29 PSF |
| Has Drive-Thru? | Yes |
| Property Use Type: | Vacant/Owner-User |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 6/19/2020 |
Overview / Comments
|
Incredible opportunity to own one of the best car dealership sites in Chattanooga! INDIVIDUAL PARCELS NOW AVAILABLE! 1 - Main Showroom/Repair Facility: 4.0 Acres $6,000,000 2 - Front Acreage on Hwy 153: 3.50 Acres $3,950,000 3 - Rear 3 Acres w/ Smaller Shop/Metal Detail Building: PENDING SALE The 3 buildings are on a sprawling 11.28 acre corner lot with nearly 1,000 ft of frontage on Hwy 153 and total more than 56,000 SF. The main building is 43,234 SF and houses the showroom, offices, break room, customer consultation and service waiting room areas. The 20 bay service garage is connected with a customer drive through and parts department. The rear building has another 13,000 SF of area with reception, waiting room, offices and service bay with space for 13 lifts. The third building is a 5-bay detail shop totaling approximately 1,500 SF. Owner is willing to consider a lease. Please call for more information |
Additional Details
| Nearest MSA: | Chattanooga |
| County: | Hamilton |
| Tax ID/APN: | 138J A 005 |
| Zoning: | M-1 |
| Property Located Between: | Shallowford Rd and Jersey Pike |
| Property Visibility: | Excellent |
| Largest Nearby Street: | TN-153 |
| Feet of Frontage: | 921 |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 3 |
| Number of Stories: | 2 |
| Property Condition: | Good |
| Year Built: | 1986 |
| Year Renovated: | 2016 |
| Parking Type: | Surface |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 4,550 | 44,512 | 141,130 |
| Median Age: | 42.11 | 39.89 | 39.27 |
| Households: | 2,195 | 19,746 | 59,213 |
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