2101 Broad Street - Opportunity Zone Investment
Retail-Commercial
for Sale
Also listed as Multi-Family
Catylist Listing ID: |
30465672 |
Property Subtypes: |
Mixed Use
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Building Size (RSF): |
14,500 SF
|
Gross Building Area: |
See Agent |
Gross Land Area: |
1.68 Acres
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Sale Price: |
$3,500,000 |
Unit Price: |
$241.38 PSF |
In Opportunity Zone? |
Yes |
Property Use Type: |
Vacant/Owner-User |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
5/23/2022 |
Overview / Comments
Opportunity Zone investment! High visibility from I-24, Hwy 27 and Broad Street. Four parcels sold together. The property has several buildings including a warehouse with an office.
Easy access from Broad, 20th, and 21st streets with an existing red light entering the property at Broad/21st St. intersection.
Close proximity to two apartment/condo complexes of 311 total units, Finley Stadium, Chattanooga Market, Naked River Brewing, Southside Social and multiple other restaurants/retail.
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Additional Details
Nearest MSA: |
Chattanooga |
County: |
Hamilton |
Tax ID/APN: |
145N B 002 , 145N B 001, 145K H 011 & 145N B 007 |
Zoning: |
U-CX-6 |
Highway Access: |
Interstate 24 & Highway 27 |
Airports: |
CHA - Lovell Field |
Zoning Description: |
Commercial Mixed Use |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Legal Description: |
LT 8 JOHN MAHONEY PROP PB 15 PG 270
PT LT 19 GLASS ADDN SIDNEY ST N/R 0114 30 01
PT LTS 19&20 GLASS ADDN SYDNEY ST N/R 0114 30 01
PT LTS 19,20&21 GLASS ADD SIDNEY ST N/R 0114 30 03 |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
6,751 |
53,565 |
127,630 |
Median Age: |
32.03 |
34.05 |
36.63 |
Households: |
2,699 |
21,018 |
52,715 |
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