Equipped Restaurant and Bar on Hwy 58

Retail-Commercial for Sale
Catylist Listing ID: 30762049
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub, Other
Building Size (RSF): 3,348 SF
Gross Building Area: See Agent
Gross Land Area: 1.45 Acres
Sale Price: $875,000
Unit Price: $261.35 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/12/2022

Overview / Comments

This building is 3,348 SF and was built in 1996. It has a spacious dining hall and a separate bar/lounge. The business has 120 inside seats and 16 outdoor dining seats. The commercial grade kitchen equipment can be negotiated as part of the sale. The large parking lot has been recently paved and the building has been well maintained. This property is ready for a new restaurant owner or can be modified for other usages such as professional offices.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033121C D 00102
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: Chattanooga and Harrison
Property Visibility: Excellent
Largest Nearby Street: Hwy 58
Feet of Frontage: 217
Traffic/Vehicle Count: 25,000
Highway Access: Quick and easy access to Hwy 153 and I-75
Airports: Chattanooga Airport
Site Description: This property has a well maintained building with large paved parking lot off of Hwy 58.
Area Description: The property is surrounded by businesses and single family homes. There is a 200 plus Class A apartment complex directly across the street.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,348 SF
Property Condition: Good
Year Built: 1996
Construction/Siding: Wood Siding
Exterior Description: Wood and Stone
Total Parking Spaces: 60
Parking Type: Surface
Lot Frontage: 217
Lot Depth: 272
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,866 19,988 68,131
Median Age: 40.47 39.22 41.09
Households: 1,489 7,610 27,224


Photograph of Listing Agent

Joe M Pleva

KW Commercial Greater Chattanooga REALTORS® Member
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