Large Lot Fronting Cambridge Square

Retail-Commercial for Sale
Catylist Listing ID: 30643992
Building Size (RSF): 1,288 SF
Gross Building Area: See Agent
Gross Land Area: 0.58 Acres
Sale Price: $380,000
Unit Price: $295.03 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/19/2021

Overview / Comments

This is an excellent opportunity to own property on the Georgetown Ooltewah Road next door to Cambridge Square. This area is exploding with new construction homes, new businesses and apartments. This property would work for a professional office such as a dentist, insurance, medical or lawyer. The property could also be assembled to include 4 additional lots which could be developed into a bigger project such as a strip center. The property would need to be re-zone to commercial.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033132A A 00400
Retail Clientele: General, Family, Traveler, Other
Property Located Between: Bradmore Lane and Scoggins Circle
Property Visibility: Excellent
Largest Nearby Street: Ooltewah Georgetown Road
Feet of Frontage: 100
Traffic/Vehicle Count: 10,000
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair
Year Built: 1957
Lot Frontage: 100
Lot Depth: 253
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 19,562 55,357
Median Age: 39.71 39.71
Households: 7,279 19,941


Photograph of Listing Agent

Joe M Pleva

KW Commercial Greater Chattanooga REALTORS® Member
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