Fantastic Restaurant Location

Retail-Commercial for Sale
Catylist Listing ID: 30198268
Property Subtypes: Day Care Facility, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 2,000 SF
Gross Land Area: 1.57 Acres
Sale Price: $425,000
Unit Price: $212.50 PSF
Ceiling: 10 ft.
Property Use Type: Vacant/Owner-User
Building Name: Former Aunt Effie's Restaurant
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/20/2018

Overview / Comments

Rare opportunity on Alabama Highway between I-75 and US-41. Parcel features 2,000 sf space that shares a common wall with another property that is occupied by Subway. Highly visible site with great signage and /-400 ft. of frontage along busy Alabama Hwy that has over 22,000 cars/day traveling this route. Property has easy access and plenty of parking.

This location would make an excellent restaurant or fast-food site but could also potentially be a great space for retail, office or a medical office site. Surrounding businesses are Waffle House, Kfc, Mcdonald's, Pizza Hut, Holiday Inn Express, Subway, Kangaroo, Cracker Barrel and a up and coming Bojangles and Burger King!!

Catoosa County enjoys the highest per capita income, and the lowest unemployment rate in the three state Chattanooga metropolitan area.
Our schools are excellent, and our taxes are currently the 16th lowest among Georgia's 159 counties.

Additional Details

Nearest MSA: Chattanooga
County: Catoosa
Tax ID/APN: 0038D-050
Retail Clientele: General, Business, Tourist, Recreation, Other
Property Located Between: I75 and Alabama Highway
Property Visibility: Excellent
Largest Nearby Street: Alabama Highway
Feet of Frontage: 400
Traffic/Vehicle Count: 22,000
Highway Access: I75
Airports: Wilson Airport in Ringgold GA and Chattanooga Metropolitan Airport
Site Description: Fronts Alabama Hwy and excellent visibility with easy access, 370 ft. of frontage with great existing signage
Area Description: Surrounding area occupied primarily by franchise and corporate restaurants, hotels and retail businesses. Located in Catoosa County, which is one of the fastest growing communities in Georgia. Catoosa County is part of the TN-GA Metropolitan Statistical Area.
Tenancy: Single Tenant
Total Number of Buildings: 1
Typical SF / Floor: 2,000 SF
Property Condition: Good
Year Built: 1995
Construction/Siding: Block
Exterior Description: The building is connected to subway and can stay or be torn down depending on the buyers needs. The roof is steel frame with Decking covered with tar and gravel.
Total Parking Spaces: 42
Parking Type: Surface
Parking Description: Plenty of parking and shared parking with adjacent tenants.
Heat Type: Electricity
Heat Source: Central
Internet Access: T1/T3, Other
Interior Description: Previously occupied by Aunt Effie's Restaurant; floor plan includes large dining area, kitchen, dry and cool storage areas, small office space and male/ female restrooms.
Zoning Description: Commercial
Lot Frontage: 400
Lot Depth: 34.914583┬░/-85.123370┬░
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,575 13,781 34,861
Median Age: 35.17 36.51 37.93
Households: 681 5,186 12,931


Photograph of Listing Agent

Wendy J Elliott

Stonecrest Properties GCR CMLS Member
© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Greater Chattanooga Association of REALTORS┬« nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.