Warehouse, Storage, Shop, near Hiwassee & new TVA Site

Special Purpose for Sale
Sale Pending
Catylist Listing ID: 30732563
Status: Pending
Building Size (RSF): 5,500 SF
Gross Building Area: See Agent
Gross Land Area: 2 Acres
Sale Price: $295,000
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/22/2021

Overview / Comments

LOOKING FOR RENTAL INCOME THIS PROPERTY IS PERFECT FOR STORING MOTOR OMES, BOATS, WATERCRAFT, HUNTING GEAR, ATV'S,, EQUIPMENT CLIMATE CONTROLLED STORAGE AND OUTDOOR COVERED STORAGE - WITH PLENTY OF GROUND TO ADD SELF-STORAGE UNITS. NEED A BUSINESS LOCATION - PERFECT SPACE FOR CONSTRUCTION, MACHINE SHOP - WITH PLENTY OF SPACE FOR MATERIALS & EQUIPMENT STORAGE, CLIMATED CONTROLLED OFFICE SPACE WITH BATHROOMS AND PLENTY OF PARKING - STEEL FRAME METAL STRUCTURE, CONCRETE FLOORS ON 2 ACRES - ROOM TO GROW. OFFICES AND BATHROOMS ON TWO LEVELS, CONVENIENTLY LOCATED NEAR THE NEW TVA POWER FACILITY AND THE HIWASSEE RIVER WHERE HAMILTON, MEIGS, BRADLEY & RHEA COUNTIES COME TOGETHER. ABUNDANCE OR RV CAMPERS LINE BOTHER SIDES OF THE HIWASSEE RIVER WITH AN ABUNDANCE OF BASS BOATS AND RECREATIONAL WATERCRAFT ENJOY THE WATER. 3 Phase, 50 AMP & Dry Air, 2 HVAC Units, Gas Blowers, 2 Off Axial Storage Containers, Office, Warehouse, and room for expansion, near TVA's under construction power facility, Hiwassee River Area offering with Residential, RV Campgrounds, Recreational Watersports, Hunting & Fishing, in Meigs County, less than a minute to the Bradley County Line at Lower River Road, Hamilton County at Highway 58, offering a direct route to Hwy. 153 to I-24.

Additional Details

Nearest MSA: Chattanooga
County: Meigs
Submarket Type: Other
Taxing Authority: Meigs County
Tax ID/APN: 061082 02915
Zoning: COMMMERCIAL
Property Located Between: Highway 58 and Lower River Road (Bradley County)
Property Visibility: Excellent
Largest Nearby Street: Highway 58
Highway Access: Off Highway 58 S. in Meigs County at the Hiwassee River - buildig is approx. 1000 fee from the Bradley County Line, on Route 306, aka Lower River Road.
Site Description: Slight slope to level.
Area Description: Near Hiwassee River, Recreational, Camping (RV), Residential and less than 10 minutes from TVA Power Facility (under construction).
Total Number of Buildings: 1
Typical SF / Floor: 5,500 SF
Property Condition: Excellent
Year Built: 2000
Roof Type: Flat
Construction/Siding: Metal Siding
Exterior Description: Rectangular Steel Frame Metal Building, Finished Metal with Metal Roof, Rollup Bay Doors, Store Front Office Door and Windows at the front of the Bulding
Parking Type: Surface
Parking Description: Gravel
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Other
Air Conditioning: Engineered System
Interior Description: Store Front Door front of Building opens to two Offices w/bathroom, Open Platform with stairs to warehouse level. Open Warehouse area has exterior access via bays at 3 points and one interior bay doors for space separation, if needed. Bathroom on lower level..
Zoning Description: Commercial / Meigs County
Lot Frontage: 338'
Lot Depth: 391' irregular
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Individual
Legal Description: G6/528 39857 as recorded, Meigs County, TN

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Demographic Statistics

Proximity: 5 miles
Total Population: 8,720
Median Age: 41.9
Households: 3,351

Contact

Photograph of Listing Agent

Judy Holley

Crye-Leike, REALTORS Greater Chattanooga REALTORS® Member
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