For Sale
$1,850,000

5704 Tn-153 Chattanooga, TN 37343

High-traffic Hwy 153 location. Great investment!

Overview

Added:
Dec 11, 2024
Days on market:
135
This 8,181 square foot, single-story Class B retail building sits on a 46,731 square foot lot in Chattanooga, TN (zip code 37343). Located at 5704 TN-153, this property boasts a prime location on Highway 153 near a Super Walmart, ensuring high visibility and accessibility. Built in 2007, the building is zoned C2 and offers significant potential for various uses, including convenience store, grocery store, or restaurant. The asking price is $1,850,000 ($226.13/sq ft). A key feature is four leased billboards generating passive income. While currently leased, the seller will work to terminate the existing lease upon a purchase agreement, allowing the new owner flexibility. This owner-user investment opportunity presents a strong return potential in a high-traffic area with ample parking. The property's Hamilton County location and proximity to a major retailer make it an attractive investment for entrepreneurs and investors alike. The property includes one building and has a proven track record as a successful retail location.

Highlights

  • 8,181 SF single-story Class B retail building on a 46,731 SF lot in Chattanooga, TN (37343).
  • Prime Highway 153 location near a Super Walmart.
  • 2007 construction, C2 zoning, suitable for various retail uses.
  • $1,850,000 asking price ($226.13/SF).
  • Four leased billboards provide passive income; seller will assist with lease termination.

Property Details for 5704 Tn-153

Property type
Retail properties, Restaurants
Square Feet
8,181 SF
Class
B
Year Built
2007
Buildings
1
Stories
1

Location Insight

City
Chattanooga
County
Hamilton
State
Tennessee
Latitude
35.15251583801
Longitude
-85.248855623003

FAQs

What type of property is this?
Retail property - High-traffic Hwy 153 location. Great investment!
Where is the retail property located?
The property is located at 5704 Tn-153 Chattanooga, TN.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 8,181 SF single-story Class B retail building on a 46,731 SF lot in Chattanooga, TN (37343).; Prime Highway 153 location near a Super Walmart.; 2007 construction, C2 zoning, suitable for various retail uses.
How can I contact the broker?
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5704 Tn-153
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