Former 1900's Hotel

Retail-Commercial for Sale
Catylist Listing ID: 30638243
Building Size (RSF): 2,664 SF
Gross Land Area: 0.09 Acres
Sale Price: $150,000
Unit Price: $56.31 PSF
Property Use Type: Vacant/Owner-User
Building Name: former Eagle Hotel
Usable Size (USF): 2,664 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 11/14/2020

Overview / Comments

Originally built in circa 1900, the building was once the home of the Eagle Hotel. Now a shell, the property is located across from the Mars Theater District which is also for sale and includes the theater, storefronts, the Station House Restaurant, a parking lot and another brick building that was once an old gas station. Prime redevelopment or investment opportunity. Some recent improvements: Upper level windows have been replaced, steps rebuilt and 4 bathrooms plumbed - 2 up and 2 down. Being sold As-Is.

Additional Details

Nearest MSA: Chattanooga
County: Walker
Taxing Authority: Walker County
Tax ID/APN: 1030 065
Zoning: LFB2
Retail Clientele: Family, Business, Tourist
Property Located Between: North Chattanooga St, Culberson and Main St
Property Visibility: Excellent
Largest Nearby Street: Main St
Airports: Chattanooga
Site Description: Mars Theater District near Main St in Lafayette
Area Description: Mars Theater District near Main St in Lafayette, GA - the county seat of Walker County. Small southern town feel near businesses, residences, schools and churches.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,664 SF
Property Condition: Fair
Year Built: 1900
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick shell with some new windows.
Sprinklers: None
Zoning Description: LFB2
Lot Frontage: 32
Lot Depth: 275
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,511 8,033 13,359
Median Age: 36.95 38.77 39.27
Households: 979 3,182 5,210

Contact

Photograph of Listing Agent

Jay Robinson

Keller Williams Realty Greater Chattanooga REALTORS® Member
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