Gas Station & Car Wash Plus 6 Auto Service Bays

Retail-Commercial for Sale
Catylist Listing ID: 30281674
Property Subtypes: Car Wash, Convenience Store, Mixed Use, Service Station/Gas Station, Vehicle Related, Other
Building Size (RSF): 9,141 SF
Gross Building Area: See Agent
Gross Land Area: 1.63 Acres
Sale Price: $1,350,000
Unit Price: $147.69 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/17/2018

Overview / Comments

Three separate buildings on a 1.63-acre prime lot on Lee Highway near East Brainerd. Lot is 1.2 miles from the airport and has Airport Rd access as well. Building 1 is fully equipped with pumps to be a gas station. Building 2 is equipped with Sonny's Carwash Tunnel. Building 3 is equipped to be mechanic garage and oil change with 6 bays and is currently rented. Gas Station and Car-wash are not operating now, while the 6 auto bays are rented out.
Busy location and traffic count (see image). Great opportunity to operate three businesses on a single location. Lots of improvements and equipment come with the property. An adjacent acre lot is also available if you require additional parking spaces.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 158A D 008
Zoning: COMMERCIAL
Retail Clientele: General, Business, Other
Property Visibility: Excellent
Largest Nearby Street: Lee Hwy
Traffic/Vehicle Count: 26,000
Highway Access: 1 mile from Hwy 153
Airports: 1.2 Miles from Chattanooga Airport
Site Description: 9,141 SF with 3 free standing buildings, 1- A Fast Lube with 3,030 sq ft, 2A Car Wash with 4,719 sq ft and 3- A Convenience Store with 1,392 sq ft. Square footage & Lot size as per 2012 appraisal. Buyer to Verify Square Footage and Lot size.
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Property Condition: Good
Year Built: 1986
Year Renovated: 2012
Parking Type: Surface
Heat Source: Central
Zoning Description: C-2 Commercial
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Pt Lt 17 Old Crabtree Farm Pb 7 Pg27

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,344 57,101 150,828
Median Age: 34.36 39.54 38.66
Households: 2,161 25,695 62,695

Contact

Photograph of Listing Agent

Rohit "Ro" Jaggia

Premier Property Group Inc. Greater Chattanooga REALTORS® Member
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