Mid-town Retail Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30416195
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant
Building Size (RSF): 1,300 SF
Gross Building Area: See Agent
Sale Price: $344,900
Unit Price: $265.31 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/26/2019

Overview / Comments

Excellent opportunity to own a move-in ready, free standing retail investment in Chattanooga's fast growing Mid-town neighborhood. Building saw a full remodel in 2016, turning it into a drive-through/walk-up restaurant. A 1,500 gallon grease trap was installed in 2016 during the remodel. Property has excellent visibility from Brainerd Road with traffic counts in exceeding 31,000 cpd. Also available for Lease! Call listing agent for lease details.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 157K L 014
Zoning: C-2
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: S. Moore Road
Traffic/Vehicle Count: 31,000
Tenancy: Single Tenant
Total Number of Buildings: 1
Property Condition: Excellent
Year Built: 2001
Year Renovated: 2016
Total Parking Spaces: 10
Parking Type: Surface
Legal Description: Lt 2 Buttrams Sub Pb 28 Pg 162 0097 07 07

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,843 68,190 165,004
Median Age: 36.83 38.35 37.29
Households: 4,179 29,254 68,585

Contact

Photograph of Listing Agent

Trace Walker

Fletcher Bright Realty Greater Chattanooga REALTORS® Member
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