Prime Retail Space on Market Street - Tourist District

Retail-Commercial for Sale
Catylist Listing ID: 30316161
Property Subtypes: Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 895 SF
Gross Building Area: See Agent
Sale Price: $245,000
Unit Price: $273.74 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/16/2018

Overview / Comments

Prime, end-cap retail space on Market Street in the heart of Downtown Chattanooga. Great accessibility and visibility. Space was formerly Rita's Custard. Heavy vehicular and pedestrian traffic. Close proximity to Chattanooga's tourist district as well as many hotels, residential units, and offices.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 153L B 009 C010
Zoning: D-RM-4
Retail Clientele: General, Family, Tourist, Other
Property Located Between: 1st Street and Aquarium Way
Property Visibility: Excellent
Largest Nearby Street: Market Street, 4th Street, Broad Street, Frazier Avenue
Traffic/Vehicle Count: 20,000
Highway Access: 0.4 mile to US-27 2.1 miles to I-24 via US-27 9 miles to I-75 via I-24 & US-27
Airports: Chattanooga Metropolitan Airport - 7.8 miles
Tenancy: Multiple Tenants
Year Built: 2001

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,573 48,305 126,980
Median Age: 35.9 34.59 37.13
Households: 4,851 19,427 52,952
The information presented herein is provided as is, without warranty of any kind. Neither Greater Chattanooga REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.