Charming Building and Large-Deep Lot on North Main St -LaFayette, GA

Retail-Commercial for Sale
Catylist Listing ID: 30568925
Property Subtypes: Free-Standing Building, Mixed Use, Other
Building Size (RSF): 1,892 SF
Gross Building Area: See Agent
Sale Price: $179,900
Unit Price: $95.08 PSF
Property Use Type: Business
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 10/1/2020

Overview / Comments

Fantastic location with many options on N. Main St in the heart of LaFayette! Charming building and large-deep lot...currently serves as a restaurant and has been a great eatery establishment for many years. This 1930 era structure has charm and character galore with endless possibilities. Property features a very deep lot with ample parking. Also, located on the property are two smaller outbuildings, good for storage that will remain. The current zoning is commercial...B2; however, per the City of LaFayette's ordinance, this property could be used as residential as it was in the past. As a home, it featured 3 bedrooms with cedar lined closets,1 bath with a large attic area for storage with stairs. Contact the City of LaFayette's zoning for verification and additional info.

Restaurant equipment, tables, chairs, etc . can be sold separately should prospective buyer desire to have a restaurant at this location.

Additional Details

Nearest MSA: Chattanooga
County: Walker
Submarket Type: Central Business District
Taxing Authority: Walker County / City of LaFayette
Tax ID/APN: 1024 048
Property Located Between: Pizza Hut and a Law Firm
Property Visibility: Excellent
Largest Nearby Street: Main St / US Highway 27
Feet of Frontage: 80
Highway Access: Direct access to US Highway 27
Airports: Barwick LaFayette Airport & Chattanooga
Property Condition: Good
Year Built: 1930
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Paved / gravel parking behind building
Heat Type: Electricity
Heat Source: Central
Zoning Description: Zoned B2 with the City of LaFayette Zoning
Lot Frontage: 80
Lot Depth: 735
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LL 27 7/4

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,860 10,363 15,435
Median Age: 38.6 38.88 39.47
Households: 1,545 4,064 5,964

Contact

Photograph of Listing Agent

Joanna Jackson

RE/MAX Real Estate Center Greater Chattanooga REALTORS® Member
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