LIVE / WORK

Retail-Commercial for Sale
Catylist Listing ID: 30296780
Property Subtypes: Convenience Store, Other
Building Size (RSF): 1,768 SF
Gross Building Area: See Agent
Sale Price: $140,000
Unit Price: $79.19 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/9/2019

Overview / Comments

Established neighborhood grocery store for sell. Single owner has run the store for decades, but is now ready to retire. Take advantage of his decades of experience and put your own stamp on it.
This property must continue to operate as a grocery store to retain its commercial non-conforming status. Otherwise it converts to R1 residential housing after 100 days closed. Live in the upstairs apartment or continue to rent it for additional income. Currently renter for $500 a month.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033147A K 01800P000
Zoning: R1 NON-CONFORMING USE
Area Description: Property sits on corner lot with it's own parking.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Parking Type: Surface
Sprinklers: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,597 64,189 159,588
Median Age: 40.09 36.1 36.94
Households: 4,658 26,358 67,919

Contact

Photograph of Listing Agent

Tavis Spotts

Berkshire Hathaway HomeService Greater Chattanooga REALTORS® Member
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