1,786 SF Retail/Commercial Space on East Brainerd

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30800609
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Street Retail, Other
Status: Pending
Building Size (RSF): 1,786 SF
Gross Building Area: See Agent
Gross Land Area: 0.68 Acres
Sale Price: $775,000
Unit Price: $433.93 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/12/2022

Overview / Comments

This is a stellar location for your business or investment. The building consists of two units. The larger unit has 1,534 SF of space and is currently being used as a sandwich shop. The smaller space is 252 SF and would make a perfect location for a single tenant needing a small footprint. Or the two units could be combined for a larger square footage need. The traffic counts reach well over 40,000 vehicles daily. The property has a large parking lot and two ingress/egress points.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033158F F 00200P000
Zoning: C-2
Retail Clientele: General, Family, Business, Traveler, Tourist, Other
Property Located Between: Interstate 75 and Gunbarrel Road
Property Visibility: Excellent
Largest Nearby Street: East Brainerd Road
Feet of Frontage: 170
Traffic/Vehicle Count: 42,000
Highway Access: The property is next door to Interstate 75 and less than a quarter of a mile from Gunbarrel Road.
Airports: Chattanooga Airport
Site Description: The building sits on 0.68 acres with a large paved parking lot. It has 170 feet of road frontage on the very busy East Brainerd corridor. The roof was resurfaced in 2021.
Area Description: The surrounding area is a mixture of businesses, fast food restaurants, single family homes and apartment/townhome/condo applications. Less than three miles to Hamilton Place mall and all the out-shopping centers.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Year Built: 1967
Year Renovated: 2015
Construction/Siding: Block
Total Parking Spaces: 25
Parking Type: Surface
Parking Description: Large paved parking lot with over 25 spaces.
Lot Frontage: 107
Lot Depth: 171
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,835 51,304 134,531
Median Age: 38.3 39.88 39.41
Households: 3,221 22,343 55,775


Photograph of Listing Agent

Joe M Pleva

KW Commercial Greater Chattanooga REALTORS® Member
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