Larry's Restaurant Buildings & Lot

Retail-Commercial for Sale
Catylist Listing ID: 30780948
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 6,696 SF
Gross Building Area: See Agent
Gross Land Area: 1 Acre
Sale Price: $995,000
Unit Price: $148.60 PSF
Ceiling: 14 ft.
Property Use Type: Business
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 12/30/2021

Overview / Comments

Currently Larry's and Grammy Restaurant building has 6,000 sf and an additional separate building of 696 sf. This property sits on 1 acre. The building has 3 phase power, five 35 ton hvac units, two separate bathrooms with two stalls each. Current dining room is 96 x 41 stained concrete slab. Cooling and freezer boxes can be removed. Sewer is provided by Dade County Water and Sewer, electricity provided by Georgia Power. Additional building built in 1970 is 696 sf, built of block, has one full bathroom and separate 8x12 storage room built on the back with outside access.

Additional Details

Nearest MSA: Chattanooga
County: Dade
Tax ID/APN: T02 00 029 00
Zoning: B-R
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: Chattanooga and
Property Visibility: Excellent
Largest Nearby Street: Hwy 136
Feet of Frontage: 286
Traffic/Vehicle Count: 11,300
Highway Access: .6 miles to I-59 and 7.5 miles to I-24
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Year Built: 2002
Roof Type: Gable
Construction/Siding: Metal Siding
Exterior Description: Partial brick siding in addition to metal siding. Porch area off the front and side of the building.
Total Parking Spaces: 47
Parking Type: Surface
Parking Description: Asphalt 47 spaces including 3 handicap spaces.
Sprinklers: None
Heat Type: Natural Gas
Air Conditioning: Air Curtain
Internet Access: Fiber Optic
Zoning Description: B-R: Business + Residential: R-2: Residential: One family, two family, rooming house, multifamily, nursing home, club-lodge, church, home occupation, accessory building. B-3: Business General: Service station, auto sales, restaurants, shopping center.
Lot Frontage: 286
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,165 5,958 9,157
Median Age: 32.4 38.25 39.99
Households: 465 2,304 3,580

Contact

Photograph of Listing Agent

Melissa D Faircloth

Faircloth Realty Greater Chattanooga REALTORS® Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Greater Chattanooga REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.