8,800 SF Building Located in Opportunity Zone

Retail-Commercial for Sale
Catylist Listing ID: 30326746
Property Subtypes: Free-Standing Building
Building Size (RSF): 8,800 SF
Gross Building Area: See Agent
Gross Land Area: 0.35 SF
Sale Price: $75,000
Unit Price: $8.52 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2018

Overview / Comments

This building is located in an Opportunity Zone making tax incentives potentially available.

Once used as a business for Rossville Furniture, this building has 8,800 SF of office/storage and show room floor space divided into two levels. Access to the second floor is by stairs.

The property is located on McFarland Avenue and has great visibility and high traffic count of up to 8,000 cars daily.

Additional Details

Nearest MSA: Chattanooga
County: Walker
Zoning: RVC1
Largest Nearby Street: McFarland Avenue
Feet of Frontage: 105
Traffic/Vehicle Count: 8,000
Highway Access: Interstate 24 and Interstate 75 are only 14 -16 minutes away from 321 McFarland Ave.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 4,400 SF
Property Condition: Fair
Year Built: 1930
Construction/Siding: Wood Frame

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,486 61,341 124,897
Median Age: 35.71 36.77 37.37
Households: 1,736 24,969 50,724


Photograph of Listing Agent

Joe M Pleva

KW Commercial Greater Chattanooga REALTORS® Member
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