1,200 SF Retail Property @ Signalized Corner

Retail-Commercial for Sale
Catylist Listing ID: 30356567
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 1,200 SF
Gross Land Area: 0.40 Acres
Sale Price: $130,000
Unit Price: $108.33 PSF
Ceiling: 10 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Cinderella Wigs
Usable Size (USF): 1,200 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 2/12/2019

Overview / Comments

Cinderella Wigs has been located here for 50 plus years. It is a great little retail building that is 30 feet wide and 40 feet in depth or 1,200 SF. It has an open floor plan with no columns. It has retail type windows along the front. The building could easily be redeveloped into many retail/office uses. It would make an excellent insurance office or similar office/retail use. It could also be developed into a retail space with a drive thru window on the left side of the building

Traffic counts are high at 20,000 cars per day directly in front on Chickamauga Ave. and Hogan Rd. Across Hogan Road is a large Shell gas station and convenience store. Property would be categorized as being on the going home side.

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Walker
Taxing Authority: Walker County
Tax ID/APN: 2010 040
Zoning: C-2
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Corner of Chickamauga Ave and Hogan Rd
Property Visibility: Excellent
Largest Nearby Street: Chickamauga Ave
Feet of Frontage: 80
Traffic/Vehicle Count: 20,000
Highway Access: Interstate I-24 in Chattanooga is about 5 miles north. Hwy 2 A in Fort Oglethorpe is due south about 5 miles.
Airports: Chattanooga Metropolitan
Site Description: The property is at the signalized corner of Chickamauga Ave and Hogan Rd. Across Hogan Rd. is a Shell Station. Property is level and at street grade. The City is adding a sidewalk in front. Parking lot could be added in back. Back area is now grass covered.
Area Description: Rossville, GA is just south of Rossville Blvd in Chattanooga, TN which are both about 5 miles south of I-24 which runs through Chattanooga. Location is a about 3/4 mile from state line.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,200 SF
Property Condition: Average
Year Built: 1945
Construction/Siding: Block
Exterior Description: The building is 30-feet wide in the front with large retail type windows. Building is 40 feet deep. Signage is on the front. It is a block built building.
Total Parking Spaces: 12
Parking Type: Surface
Parking Description: Parking is in front and to the side. Additional could be added.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Floor plan is mostly open with 2 private office areas. There is one restroom and small storage closets.
Zoning Description: Commercial
Lot Frontage: 80
Lot Depth: 200
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,043 63,833 132,917
Median Age: 39.42 36.97 37.47
Households: 2,428 26,298 54,440

Contact

Photograph of Listing Agent

Robert Fisher

KW Commercial Greater Chattanooga REALTORS® Member
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