Freestanding Retail/Office Building on Ringgold Rd

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30587774
Property Subtypes: Free-Standing Building
Building Size (RSF): 4,227 SF
Gross Building Area: See Agent
Gross Land Area: 0.31 Acres
Sale Price: $450,000
Unit Price: $106.46 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Owner Financing
Cap Rate: Undisclosed
Last Updated: 7/9/2020

Overview / Comments

Freestanding brick building with additional storage off of Ringgold Rd. Currently divided into two spacious suites, this 4,227 sqft building is zoned C-2 and best suited for retail or office space. One of the suites is leased for the next 5 years at $1,800/month, while the other suite is being used as storage by the current owner. Additional storage space can be found behind the building, and to the left of the building. There is plenty of parking out front for customers, clients, or employees. Visibility from Ringgold Rd is excellent, and the daily traffic count is approximately 21,000. Situated near an abundance of other area businesses and restaurants, as well as residential neighborhoods. Owner financing desired by seller; please inquire for details.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 169A F 010
Zoning: C-2
Property Visibility: Excellent
Largest Nearby Street: Ringgold Rd
Feet of Frontage: 115
Traffic/Vehicle Count: 21,000
Tenancy: Multiple Tenants
Year Built: 1955
Parking Type: Surface
Legal Description: Lt 1 Ruth W Ulmo Sub Pb36 Pg32

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,044 76,702 152,476
Median Age: 40.64 37.22 37.33
Households: 5,924 31,753 63,193

Contact

Photograph of Listing Agent

Grace Frank

Real Estate Partners Chatt LLC Greater Chattanooga REALTORS® Member
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