Ooltewah Bank Class A For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30559230
Property Subtypes: Free-Standing Building
Building Size (RSF): 5,368 SF
Gross Building Area: See Agent
Gross Land Area: 1.06 Acres
Sale Price: $2,385,000
Unit Price: $444.30 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former First Bank Building Ooltewah
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/12/2020

Overview / Comments

Class A bank building for sale in Ooltewah, TN.
FirstBank purchased Atlantic Capital Bank in 2019 and has relocated its branch operation to another location.
This is an all-brick building with 51+ parking spaces, 3 drive-in bays, and an ATM drive-up. The building is in excellent move-in condition!
Located directly next door to Ooltewah Crossing Retail Center and Wal-Mart. Daily traffic counts are 34,000 on Lee Highway, just one block away.
This site is just off I-75 at Exit 11, Ooltewah, TN.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $27,785 (Annual)

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 033132 02007
Zoning: C-3
Property Located Between: Lee Highway and Little Debbie Parkway
Largest Nearby Street: Lee Highway
Highway Access: Lee Highway at I-75 traffic count 34,000+
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 2007
Roof Type: Gable
Construction/Siding: Brick
Total Parking Spaces: 51
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,012 21,827 55,916
Median Age: 36.38 40.21 39.4
Households: 824 8,057 20,413

Contact

Photograph of Listing Agent

Lee T Harper

Hudson Commercial, LLC Greater Chattanooga REALTORS® Member
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