2101 Broad Street - Opportunity Zone Investment
Retail-Commercial
for Sale
Also listed as Multi-Family
| Catylist Listing ID: |
30465672 |
| Property Subtypes: |
Mixed Use
|
| Building Size (RSF): |
14,500 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.68 Acres
|
| 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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