Hixson Pike Gas Station and/or Convenience Store, Automotive

Special Purpose for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30223434
Building Size (RSF): 4,913 SF
Gross Building Area: See Agent
Gross Land Area: 0.80 SF
Sale Price: $750,000
Ceiling: 9 ft.
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/24/2018

Overview / Comments

Forester’s Tire and Auto Repair currently occupies a portion the building/property and is open for business.

A vacant Exxon convenience store did well here for many years and closed in 2015. The gas station has four existing service pumps with large canopy and pole sign. Under "Forester's" sign is a digital price sign for fuel. Inside the convenience store is a large walkin beverage cooler, storage area, bathrooms, and front counter. HVAC is 3 years old.

There are three full service car bays with lifts and rollup doors in use. In between the vacant convenience store and bay area is a small office / retail area. Underneath parking lot are four 10,000-gallon fiberglass tanks and one 1,000-gallon waste oil tank.

Possibilty to reopen successful gas station, convert service bays into retail, etc...

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton
Tax ID/APN: 118D B 002
Zoning: C-2 CONVENIENCE COMMERCIAL ZONE
Property Located Between: North Access Road and Ashland Terrace
Property Visibility: Excellent
Largest Nearby Street: Hixson Pike
Feet of Frontage: 266
Traffic/Vehicle Count: 24,000
Highway Access: Easy highway access via North Access Road or Hixson Pike
Site Description: Access is good from southeast side of street and extremely easy for evening commuters. Level site with three 40ft. curbs. Highly visabile with high traffic counts.
Area Description: Neighborhood Walmart (+ other tenants in shopping center) across the street. Property is surrounded by both residential and commercial. Located on main road(s) that connect to downtown, Hixson, Red Bank, Highway 153, Amnicola, etc.
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1968
Year Renovated: 1994
Construction/Siding: Block
Exterior Description: Block with retail glass and three roll up doors.
Parking Type: Surface
Parking Description: Parking on left and right of store as well as in front. 4 per 1000SF (+/-)
Lot Frontage: 266ft of frontage
Lot Depth: 146ft lot depth

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,824 40,274 113,803
Median Age: 38.88 38.64 39.51
Households: 2,950 18,173 49,226
The information presented herein is provided as is, without warranty of any kind. Neither Greater Chattanooga Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.