Restaurant Building for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30766052
Property Subtypes: Restaurant, Street Retail
Building Size (RSF): 8,064 SF
Gross Building Area: See Agent
Sale Price: $620,000
Unit Price: $76.88 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/15/2021

Overview / Comments

8,064 SF and 1.1 acre commercial property for sale! $620,000
4,000 SF leased to local sports bar , $30,000 Annual rent income and ground leased to outdoor advertising company $1,500 annual rent income.
other 4,000 SF for lease, former Mexican restaurant, will be $2,800 per month.
"Perfect Property for Owner - Occupy."

we also sell adjacent lot next to the building, 0.97 acre, cleared land, zoned commercial, development opportunity. selling price: $200,000

Current Tenants

Tenant Business Name North River PUB
Is Renting? Yes
SF of Space Occupied 4,000 SF

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033091 05708P000
Property Visibility: Good
Year Built: 2003

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,625 33,575 74,128
Median Age: 42.28 41.92 41.77
Households: 1,736 13,360 30,442


Photograph of Listing Agent

Jae Y Lee

Keller Williams Realty Greater Chattanooga REALTORS® Member
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