Restaurant with huge outdoor area and parking
Retail-Commercial
for Lease
| Catylist Listing ID: |
30583153 |
| Property Subtypes: |
Day Care Facility, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
|
| Contiguous Space: |
1,500 - 6,530 SF |
| Total Available: |
6,532 SF |
| Building Size (RSF): |
6,530 SF |
| Gross Land Area: |
1.60 Acres
|
| Lease Rate: |
$12 - 20 PSF (Annual)
|
| Base Monthly Rent: |
$1,500 - 5,236 |
| Lease Types: |
NNN |
| In Opportunity Zone? |
Yes |
| Building Name: |
Incline Railway Overlook |
| Usable Size (USF): |
6,530 SF |
| Last Updated: |
4/1/2021 |
Overview / Comments
The Former American Legion Building is situated on over an acre of land with 50+ parking spaces and a beautiful mature oak canopy providing shade down to the Tennessee Avenue sidewalk serving locals and visitors at places such as the Incline Railway.
There is over 6,000 SF available which can be divided into 3 spaces or expanded to accommodate your needs. The owner envisions a full service restaurant with expansive outdoor patio and entertainment area (think beer garden) inviting guests to relax and enjoy the shade. Construction assistance can be available from the owner. The Riverwalk extension and CARTA shuttle service are planned for 2021 further enhancing the appeal of this location.
If your plans are more office or retail, that can also be considered and is welcome.
|
| Space Available: |
3,142 SF |
| Max Contiguous: |
6,530 SF |
| Lease Rate: |
$12 - 20 PSF (Annual)
$3,142 - 5,236 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
This is the main portion of the former American Legion situated in the heart of St Elmo. There is potential for a large patio to be added to the suite, as well as additional contiguous interior space. |
| Space Subcategory: |
Grocery-Anchored, Medical |
| Date Available: |
5/1/2020 |
| Space Type: |
Relet |
| Rent Escalators |
Step-Up Lease |
| Space Available: |
1,500 SF |
| Max Contiguous: |
6,530 SF |
| Lease Rate: |
$12 - 20 PSF (Annual)
$1,500 - 2,500 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
This is an end-cap unit with potential for adding a patio under old growth oak trees overlooking St Elmo and the Incline Railway. Space can be combined with adjacent space. |
| Space Subcategory: |
Mixed Use, Free-Standing Store |
| Date Available: |
5/1/2020 |
| Space Type: |
Relet |
| Rent Escalators |
Step-Up Lease |
| Space Available: |
1,890 SF |
| Max Contiguous: |
6,530 SF |
| Lease Rate: |
$12 - 20 PSF (Annual)
$1,890 - 3,150 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
This is lower level space with good delivery access and well suited for a kitchen to be combined with main level space of approximately 3.100 SF. |
| Space Subcategory: |
Office Building, Neighborhood Center |
| Date Available: |
5/1/2020 |
| Space Type: |
Relet |
| Rent Escalators |
Step-Up Lease |
Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Hamilton |
| Taxing Authority: |
City of Chattanooga |
| Tax ID/APN: |
033155O M 01200 |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Recreation |
| Property Visibility: |
Good |
| Parking Type: |
Surface |
| Parking Description: |
Over 50 surface parking spaces. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,500 |
43,265 |
103,753 |
| Median Age: |
35.6 |
34.15 |
36.21 |
| Households: |
1,519 |
16,690 |
41,840 |
|
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