Versatile Retail Commercial Space on Signal Mountain

Retail-Commercial for Sale
Catylist Listing ID: 30745345
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Restaurant, Retail-Pad, Street Retail
Building Size (RSF): 3,000 SF
Gross Land Area: 28,548 - 28,600 SF
Sale Price: $375,000
Unit Price: $125 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 3,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/7/2021

Overview / Comments

This commercial property is currently a custom and retail quilt shop and builders warehouse. It has 3 bays and seller can modify it to the buyers needs (not included in the price). Metal building was built in 2004 as a retail space. Excellent condition, lots of parking, great rental potential. Increased traffic counts on Signal Mountain makes this an excellent location for a Convenience Store, Restaurant, Coffee/Lunch stop, etc... Considering all of the new construction on Signal Mountain off Coral Rd in Hamilton County and off Hwy 27 in Sequatchie County, this is a great opportunity for investment or retail. restaurant, and commercial activity.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 077092 07901
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Pickett Rd and Grayson Way
Property Visibility: Excellent
Largest Nearby Street: Coral Rd
Feet of Frontage: 125
Highway Access: Hwy 127, Taft Hwy
Airports: Chattanooga
Site Description: Level, Concrete parking Metal Building on Pad
Area Description: Primarily Residential with Mixed Retail
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,000 SF
Property Condition: Excellent
Year Built: 2004
Year Renovated: 2019
Roof Type: Flat
Construction/Siding: Metal/Glass, Metal Siding, Steel Frame
Exterior Description: Metal Building, 3 suites, 2 Loading Doors
Total Parking Spaces: 35
Parking Type: Surface
Parking Description: Concrete unmarked
Heat Type: Electricity
Heat Source: Central, Heat Pump
Air Conditioning: Package Unit
Internet Access: Cable, Gigabit, Fiber Optic
Interior Description: Open space, rest rooms, kitchenette
Zoning Description: C-1
Lot Frontage: 125
Lot Depth: 235
Water Service: Municipal
Sewer Type: Septic
Legal Description: Parcel ID: 092 079.01 000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,314 7,240 25,090
Median Age: 45.33 42.29 43.12
Households: 549 2,692 10,549

Contact

Photograph of Listing Agent

Doug Lawrence

Berkshire Hathaway HomeService Greater Chattanooga REALTORS® Member
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