Investment Opportunity!

Business Opportunity for Sale
Catylist Listing ID: 30569113
Property Subtypes: Real Estate
Building Size (RSF): 1,562 SF
Sale Price: $140,000
Name of Establishment: Commercial Zoned C-2 Home
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Living Accomodations: Yes
Last Updated: 6/17/2021

Overview / Comments

Located only minutes from highway 27, schools, and shopping this property is zoned C-2. So much value in the opportunity here with possibilities of utilizing this lot for a bank, offices, retail, drive through restaurant, beauty parlors, dry cleaners, etc. Automatic income opportunity here if decided to leave the house on the lot with a current long-term tenant that want's to stay if possible. Currently in a month to month lease with tenant. This nice sized lot at 0.84 of an acre awaits many opportunities for the right investor. Two different site plan options have been drawn out and are available in the MLS documents. Ask Realtor for access to the Site Plans.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Industry Segment: Other Real Estate
Reason for Selling: Investment sale
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Month to Month residential tenant

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 15,521 37,142
Median Age: 39.66 41
Households: 6,083 14,321


Photograph of Listing Agent

Wendy Dixon

Keller Williams Realty Greater Chattanooga REALTORS® Member
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