10,000 SF Restaurant & Showbar For Sale

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30724293
Property Subtypes: Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Status: Pending
Building Size (RSF): 10,228 SF
Gross Building Area: See Agent
Gross Land Area: 0.72 Acres
Sale Price: $700,000
Unit Price: $68.44 PSF
Property Use Type: Vacant/Owner-User
Building Name: Babe's Sports Bar & Grill
Sale Terms: Cash to Seller
Last Updated: 6/29/2021

Overview / Comments

This asset is a 10,000 SF flex space building in the heart of Chattanooga, TN sitting on 3/4 acre.
The property currently operates as a Tavern/Restaurant and Showbar.
The building was designed as a multi-use building and is currently divided into two units: a show bar/nightclub totaling 5,909 square feet and a tavern/restaurant totaling 4,319 square feet.
All showings require 24 hour notice.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 158A C 025.06
Zoning: C-2
Retail Clientele: General, Business, Tourist, Recreation
Property Visibility: Good
Largest Nearby Street: Lee Highway
Feet of Frontage: 100
Highway Access: This Property is located on Honest Street, a two-lane secondary thoroughfare that runs perpendicular to Lee Highway.
Site Description: The property is a total of 31,467 square feet. The site features approximately 100 feet along Honest Street and approximately 315 feet of depth.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 10,228 SF
Property Condition: Good
Year Built: 1974
Roof Type: Flat
Construction/Siding: Concrete
Exterior Description: Building is in a commercial/industrial area very close to the Chattanooga Airport.
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Interior Description: Interior of this asset is outdated and in need of an update. Overall interior condition is good.
Zoning Description: General Business to include retail, office, bank, entertainment, restaurant, automotive service and retail wholesale.
Lot Frontage: 100 ft
Lot Depth: 315 ft
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lt 1-C Paul Gray Sub Rev Pb39 Pg207 Rev 46-185

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,241 62,661 155,664
Median Age: 35.77 39.73 38.39
Households: 2,928 28,025 64,237

Contact

Photograph of Listing Agent

Virginia F Brockman

KW Commercial Greater Chattanooga REALTORS® Member
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