Commercial Building For Sale Or Lease

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30429437
Property Subtypes: Restaurant
Status: Pending/Contingent
Building Size (RSF): 2,322 SF
Gross Land Area: 34,500 SF
Sale Price: $249,900
Unit Price: $107.62 PSF
Ceiling: 12 ft.
Property Use Type: Business
Building Name: McElroys Bar B Q
Usable Size (USF): 2,322 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/23/2020

Overview / Comments

Owners recently retired after owning a very successful restaurant in Jasper, TN. They will SELL or LEASE the Building. Ideal for another restaurant / retail / office. Can be shown on short notice by contacting Listing Agent Louise Powell 423-802-8098 or co Listing Agent Butch Witcher 423-605-0280.

Additional Details

Nearest MSA: Chattanooga
County: Marion
Taxing Authority: Marion County, Tn Jasper, Tn
Tax ID/APN: 058120 12210
Zoning: C-2
Retail Clientele: General, Family, Traveler, Tourist
Property Located Between: Jasper and Chattanooga
Property Visibility: Excellent
Largest Nearby Street: US 72/ US 41
Feet of Frontage: 150
Highway Access: Property sit on a paved drive that enters and exits onto US 72/41. Only 2 miles from I-24
Airports: Marion County Airport with Chattanooga Regional Airport only 30 minutes away.
Site Description: Level and paved
Area Description: Jasper sits only 30 miles from Chattanooga. This property is close to the Jasper Highlands Development and the old Rarity Development. Close to I-24 and Hwy 28
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,322 SF
Property Condition: Excellent
Year Built: 2010
Roof Type: Gable
Construction/Siding: Vinyl Siding
Exterior Description: Gable roof with large front porch for waiting to be seated.
Total Parking Spaces: 25
Parking Type: Surface
Parking Description: Paved
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, Other
Interior Description: Very nice family owned resturant.
Zoning Description: C-2
Lot Frontage: 150
Lot Depth: 230
Water Service: Municipal
Sewer Type: Municipal
Easements Description: Building next door has ingress/egress to garage next door.
Legal Description: Shellmound Development Plan Plat Bk 5 Pg 503 Lot 1 Tax Map 120 Parcel 122.10

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,209 9,235
Median Age: 42.44 42.55
Households: 1,720 3,755


Photograph of Listing Agent

Butch Witcher

Heart Realty, Inc. Greater Chattanooga REALTORS® Member
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