Multiple Properties FOR SALE on Ringgold Road/Dover Lane
Retail-Commercial
for Sale
| Catylist Listing ID: |
30795665 |
| Property Subtypes: |
Mixed Use, Restaurant, Retail-Pad, Street Retail, Other
|
| Building Size (RSF): |
4,608 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$2,850,000 |
| Unit Price: |
$618.49 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/19/2022 |
Overview / Comments
Great opportunity in growing East Ridge! FIVE parcels FOR SALE with 110' frontage on Ringgold Road. Parcel facing Ringgold Road is a corner lot at Ringgold Rd and Dover Lane. Approximately 1.5 total acres currently available. Listing consists of 1 restaurant, 2 duplexes and 2 vacant lots (the larger vacant lot also fronts Ringgold Rd with 60') - value placed on the land. Site located in East Ridge Border Region Retail Development District, a state sales tax incentive.
Property includes: 4301 Ringgold Rd (Tax ID: 169G B 002); 1418 Dover Lane (Tax ID: 169G B 005); 1420 Dover Lane (Tax ID: 169G B 003); 4315 Ringgold Rd (Tax ID: 169G B 004); 4319 Ringgold Rd (Tax ID: 169G B 014)
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Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Hamilton |
| Taxing Authority: |
East Ridge/Hamilton County |
| Tax ID/APN: |
033169G B 00200P000 |
| Zoning: |
COMMERCIAL |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist |
| Property Located Between: |
Ringgold Road and Dover Lane |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Ringgold Road |
| Feet of Frontage: |
110 |
| Highway Access: |
Hwy 175, I-24 |
| Airports: |
Chattanooga |
| Site Description: |
Restaurant, 2 duplexes, 2 vacant lots |
| Area Description: |
Mixed commercial and residential |
| Zoning Description: |
Commercial |
| Legal Description: |
Nw 1/4 Sec 32 Twp 2S R-3W; Pt Lt 1 East Side Park Pb Pb 16 Pg 6 0327 01 06 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,698 |
76,399 |
153,570 |
| Median Age: |
40.01 |
37.04 |
37.3 |
| Households: |
4,865 |
31,821 |
63,759 |
|
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