Versatile Red Bank Retail Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30323622
Property Subtypes: Car Wash, Free-Standing Building, Retail-Pad, Service Station/Gas Station, Street Retail
Building Size (RSF): 2,756 SF
Gross Building Area: See Agent
Gross Land Area: 0.25 Acres
Sale Price: $307,000
Unit Price: $111.39 PSF
Property Use Type: Vacant/Owner-User
Building Name: Auto Salon of Red Bank
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/16/2018

Overview / Comments

Excellent opportunity to own a very visible corner lot property in a fast growing market.

3200 Dayton Blvd currently houses an automotive repair shop and small auto dealer. There is also living space on the second story of the repair shop that could be used as a live/work space or converted into office/break room space.

3204 Dayton Blvd is a non-operational self-serve car wash facility.

The automotive dealer zoning is grandfathered in with the city and current owner's dealer license can be transferred to new owner (contingent on there being no lapse in the use of the property as a dealership).

This would also make for an excellent redevelopment opportunity into small office or retail space

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 118A G 025
Zoning: C-2
Retail Clientele: General, Business
Property Visibility: Excellent
Feet of Frontage: 229

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Photograph of Listing Agent

Virginia F Brockman

KW Commercial Greater Chattanooga REALTORS® Member
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