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)

Attachments & Media

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

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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

Contact

Photograph of Listing Agent

Roland E Renegar

Crye-Leike Commercial Greater Chattanooga REALTORS® Member
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