3399 Amnicola Highway

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30661153
Property Subtypes: Free-Standing Building, Restaurant
Status: Pending
Building Size (RSF): 2,730 SF
Gross Building Area: See Agent
Gross Land Area: 36,200 SF
Sale Price: $385,000
Unit Price: $141.03 PSF
In Opportunity Zone? Yes
Property Use Type: Business
Building Name: 2 Squares a Day
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/1/2020

Overview / Comments

Owner will sell at an EXTREMELY reduced price. Originally listed at $585,000, now $385,000. Call broker.

Originally built as a Schlotsky's Restaurant. It seats around 90. Building size is 2,730 sq. ft. Features a remote order box with drive-thru capability. All furniture, fixtures and equipment are included.

The building has has heat and electric air conditioning. All units under 10 years old with regular preventative maintenance.

It is situated on a corner lot 163' frontage by 200' deep with good visibility. Adjacent wooded area can be cleared.

The traffic count on Amnicola Highway is 37,498 vpd.

The owner/operator is ready to retire. Currently serves two meals a day.

Price substantially reduced to $520,000.00 (was appraised at $860,000.00)

NOTE: Employees do not know the building is for sale; it can only be shown after 2:00 PM.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033127K A 00106
Retail Clientele: Business
Property Visibility: Excellent
Feet of Frontage: 163
Traffic/Vehicle Count: 37,498
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,730 SF
Property Condition: Average
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Lot Frontage: 163
Lot Depth: 200
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,628 55,249 133,973
Median Age: 40.8 36.28 37.16
Households: 992 22,968 57,050


Photograph of Listing Agent

Rudy H Walldorf

Herman Walldorf Commercial Greater Chattanooga REALTORS® Member
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