Hwy41

Retail-Commercial for Sale
Catylist Listing ID: 30429437
Property Subtypes: Restaurant
Building Size (RSF): 2,322 SF
Gross Land Area: 34,500 SF
Sale Price: $274,900
Unit Price: $118.39 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: 12/4/2019

Overview / Comments

Owners currently run a successful family owed Bar B Q restaurant in this property and have since it was built. They are ready to retire. They are selling the property, building, most of the equipment. the Dishwasher and Ice Machine are both leased and can be transferred. Building would e ideal for another resturant or a retail business. 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

Contact

Photograph of Listing Agent

Butch Witcher

Heart Realty, Inc. Greater Chattanooga REALTORS® Member
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