Classic Building Opportunity | Retail & Office

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30797861
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 8,178 SF
Gross Building Area: See Agent
Gross Land Area: 0.30 Acres
Sale Price: $750,000
Unit Price: $91.71 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/19/2022

Overview / Comments

Classic Building located near the Brainerd Tunnels. The building has (3) ground floor retail opportunities with one of the suites leased to The Hatch Outfitters (a local fly fishing shop). The middle suite was a bar/lounge and has two restrooms with one being ADA compliant. The suite on the left corner of the building is currently shell space condition and is used as office/storage for the owner's business. The large area located on the 2nd floor could be an office area or potential retail/event space. The current owner has added new HVAC for the entire 2nd floor and to suites 3225 & 3227, All new pex plumbing throughout the building, new electric throughout entire building, new windows (2nd floor) and fenced the rear.

Listing information is provided by Owner and public sources and is deemed reliable but not guaranteed. Listing agent has not measured the space / building and does not guarantee the accuracy of the number of square feet or acreage. All Showings are strictly by appointment only. Contact the Listing Agent to schedule any showings. The information contained herein was obtained from sources we consider reliable; however, we cannot be responsible for errors, omissions, prior sales, withdrawals from the market, or change in price. No representation or warranty as to the environmental or physical condition of the property and/or equipment is made, and purchaser’s independent investigation and due diligence is strongly recommended. ***Please do not visit the fly shop to ask questions concerning the building.***

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033146M M 02700P000
Zoning: UGC
Retail Clientele: General, Business, Other
Property Visibility: Excellent
Largest Nearby Street: Brainerd
Airports: www.chattairport.com
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 4,000 SF
Year Built: 1938
Year Renovated: 2020
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Zoning Description: UGC (Urban General Commercial, intended for commercial and mixed-use development while creating a new or maintaining an existing urban form)
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,155 79,588 155,317
Median Age: 37.59 35.95 37.07
Households: 5,074 31,630 64,978

Contact

Photograph of Listing Agent

Jon B Hughes

Tower Property Group, LLC Greater Chattanooga REALTORS® Member
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