5,320 SF of Retail/Office Space on Hixson Pike

Retail-Commercial for Sale
Catylist Listing ID: 30478821
Property Subtypes: Free-Standing Building, Restaurant, Street Retail
Building Size (RSF): 5,320 SF
Gross Building Area: See Agent
Gross Land Area: 0.41 Acres
Sale Price: $550,000
Unit Price: $103.38 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/21/2019

Overview / Comments

Great location! Great visibility from Hixson Pike! Perfect for any retail, professional office, restaurant or service business. The property is a 5,320 SF block building. The building has two spaces with separate entrances which can be combined into one larger space. This space fronts Hixson Pike and has parking in front and on the left side of the building. There is a large sign out front of the building giving your business name good exposure.

The interior walls have been newly painted and the concrete floors have a new matte epoxy coating. The building has a new rubber roof. The large unit has 3 A/C units, 2 heating units and two bathrooms with showers. The smaller unit has 1 A/C unit, 200 amps of 3 phase power and two bathrooms.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033118D A 00100
Retail Clientele: General, Family, Business, Traveler
Property Located Between: Laird Road and Kensington Drive
Property Visibility: Excellent
Largest Nearby Street: Hixson Pike
Feet of Frontage: 113
Airports: Chattanooga Airport
Area Description: High traffic on the well traveled Hixson Pike corridor and located across from the Walmart anchor shopping plaza and Ashland Terrace traffic light makes the property a desirable location.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1965
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Block building with excellent visibility from Hixson Pike.
Total Parking Spaces: 30
Parking Type: Surface
Parking Description: Large parking lot to the left of the building and parking in front.
Lot Frontage: 113
Lot Depth: 154
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,508 42,631 114,897
Median Age: 40.24 38.83 39.49
Households: 1,991 19,192 49,652


Photograph of Listing Agent

Joe M Pleva

KW Commercial Greater Chattanooga REALTORS® Member
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