Retail - Commercial - Industrial

Retail-Commercial for Sale
Catylist Listing ID: 30353995
Property Subtypes: Mixed Use
Building Size (RSF): 18,000 SF
Gross Land Area: 6.10 Acres
Sale Price: $880,000
Unit Price: $48.89 PSF
Property Use Type: Investment
Usable Size (USF): 18,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 90
Last Updated: 5/23/2019

Overview / Comments

This is i8,000 square foot metal buildings. Two buildings, 12,500 sq ft and 5,500 sq ft with 14 ft ceiling height on the sides and 16 ft in the center. and drive in door in the front. 13 rental spaces. With a total gross income of $95,656 for 2018. NOI is $83,283.
Lot size is 6.1 acres. Property is zoned M2 ,so the use is practically unlimited..

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton
Tax ID/APN: 014 003.02
Zoning: M2
Retail Clientele: Business

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 991 3,104 11,339
Median Age: 44.96 45.35 42.3
Households: 421 1,243 4,415


Photograph of Listing Agent

John R Rewcastle

RE/MAX Properties Greater Chattanooga REALTORS® Member
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