115 N Chattanooga St

Retail-Commercial for Sale
Catylist Listing ID: 30638186
Property Subtypes: Free-Standing Building, Movie Theatre, Parking Facility, Restaurant, Street Retail
Building Size (RSF): 11,500 SF
Gross Land Area: 0.88 Acres
Sale Price: $425,000
Unit Price: $36.96 PSF
Property Use Type: Investment
Building Name: Mars Theater District
Usable Size (USF): 11,500 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/3/2020

Overview / Comments

Quaint set of storefronts along North Chattanooga St in LaFayette. Includes 5 parcels/storefronts which currently houses a CPA's office, the Mars Theater, a Soapworks retail store, the Station House Restaurant, and a parking lot with a brick building that was once a 1930's gas station. Great investment or redevelopment opportunity. The former Eagle Hotel which is currently a brick shell across the street is also being offered separately.

Additional Details

Nearest MSA: Chattanooga
County: Walker
Taxing Authority: Walker County
Tax ID/APN: 1038 072, 1038 073, 1038 074, 1038 074A, & 1030 064
Zoning: LFB1
Retail Clientele: Family, Business, Tourist
Property Located Between: Chattanooga St and Villanow
Property Visibility: Excellent
Largest Nearby Street: Main Street
Feet of Frontage: 100
Highway Access: Hwy 27
Airports: Chattanooga
Site Description: Chattanooga St is off of Culberson which is in turn off of Main St. Mix of business and residential.
Area Description: Quaint business district near Main st in LaFayette, GA - small southern town feel and county seat of Walker County, GA..
Tenancy: Multiple Tenants
Total Number of Buildings: 6
Number of Stories: 1
Typical SF / Floor: 11,540 SF
Property Condition: Average
Year Built: 1931
Year Renovated: 2011
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick
Parking Type: Surface
Parking Description: Parking lot on end by the Station House restaurant.
Heat Type: Electricity
Heat Source: Central
Interior Description: Retail, office, theater, restaurant with covered patio and parking.
Zoning Description: LFB1
Lot Frontage: 100
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,511 8,033 13,359
Median Age: 36.95 38.77 39.27
Households: 979 3,182 5,210

Contact

Photograph of Listing Agent

Jay Robinson

Keller Williams Realty Greater Chattanooga REALTORS® Member
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