Red Bank Restaurant
Retail-Commercial
for Sale
| Catylist Listing ID: |
30574925 |
| Property Subtypes: |
Free-Standing Building, Restaurant, Retail-Pad, Other
|
| Building Size (RSF): |
5,969 SF
|
| Gross Land Area: |
17,860 SF
|
| Sale Price: |
$425,000 |
| Unit Price: |
$71.20 PSF |
| Property Use Type: |
Investment, Business |
| Building Name: |
Lilly Mae's |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/8/2021 |
Overview / Comments
|
Lillie Mae’s beloved Red Bank restaurant first time on the market. Don’t miss the opportunity to invest in this up-and-coming area of Chattanooga. The sale includes the 5969 sq. ft. building, all equipment and furnishings, a 4-car detached garage, one bedroom one bath apartment with an adjoining sun-room and private yard. There is seating for 110 in the dining area. The owners are willing to pass along the popular family recipes that so many patrons love. Restaurant is open and the current operating hours are Monday thru Friday 6:00 am to 8:00 pm. Saturdays 6:00 am to 1:00 pm and Closed on Sundays. Owners are retiring.
|
Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Hamilton |
| Tax ID/APN: |
033109B J 01901 |
| Zoning: |
C-1 |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Dayton Blvd |
| Total Number of Buildings: |
2 |
| Number of Stories: |
1 |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,173 |
38,672 |
91,278 |
| Median Age: |
41.49 |
39.16 |
40.44 |
| Households: |
2,825 |
17,245 |
39,280 |
|
© Copyright 2001-2020 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Greater Chattanooga REALTORS® nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|
