Business Opportunity on North Main St -LaFayette, GA

Special Purpose for Sale
Catylist Listing ID: 30568925
Building Size (RSF): 1,892 SF
Gross Building Area: See Agent
Sale Price: $185,000
Property Use Type: Business
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 2/11/2020

Overview / Comments

Fantastic business opportunity on N. Main St in the heart of LaFayette. 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.

Owner will sell separately restaurant equipment, tables, chairs, etc should prospective buyer desire to have a restaurant at this location.

Additional Details

Nearest MSA: Chattanooga
County: Walker
Submarket Type: Central Business District
Tax ID/APN: 1024 048
Property Located Between: Pizza Hut and a Law Firm
Property Visibility: Excellent
Feet of Frontage: 80
Highway Access: Hwy 27
Airports: Barwick LaFayette Airport & Chattanooga
Property Condition: Good
Parking Type: Surface
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

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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


Photograph of Listing Agent

Joanna Jackson

RE/MAX Real Estate Center Greater Chattanooga REALTORS® Member
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