Restaurant, East Ridge
Retail-Commercial
for Sale
| Catylist Listing ID: |
30733095 |
| Property Subtypes: |
Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Parking Facility, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
|
| Building Size (RSF): |
4,960 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.20 Acres
|
| Sale Price: |
$1,650,000 |
| Unit Price: |
$332.66 PSF |
| Property Use Type: |
Investment |
| Building Name: |
Jenkins Restaurant |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/21/2021 |
Overview / Comments
Established Restaurant location for decades, this nearly 5,000 SF building with over 70 parking spaces and sits on a highly visible and easily accessible asphalt lot with 145' of frontage on Ringgold Rd., the property joins Neighborhood Walmart to the rear and access road on the left side.
Rare opportunity to own over 1/2 acre of level ground in the Heart of East Ridge - positioned in the highly sought after Boarder Region Incentive Program - contact agent for more informtion.
Facts are believed to be correct, but subject to buyer verification.
|
Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Hamilton |
| Taxing Authority: |
City of East Ridge, Hamilton County |
| Tax ID/APN: |
169G E 046 |
| Zoning: |
C-2 |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation, Convention, Other |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Ringgold Road, between I-25 & I -75 |
| Property Condition: |
Good |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,822 |
75,175 |
151,760 |
| Median Age: |
40.13 |
37.05 |
37.34 |
| Households: |
4,965 |
31,197 |
62,848 |
|
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