4806 Tn-58Chattanooga, TN 37416

This 2,649 square foot retail property, situated on a 0.78-acre lot in Chattanooga, Tennessee, presents a compelling investment opportunity. Built in 1976, this single-story, C-Class building is zoned C-2 Commercial and boasts excellent road frontage on Highway 58, a high-traffic area experiencing significant growth. Previously used as a convenience store, the property is currently vacant, offering immense potential for redevelopment. The asking price is $1,450,000, translating to $547.38 per square foot. Ample parking is available, with a ratio of 5 spaces per 1,000 square feet. The property's strategic location makes it ideal for various commercial uses, particularly quick-service restaurants. Adding to its versatility, two adjacent outparcels are also available for purchase, each priced at $750,000. This allows for the acquisition of the entire property or individual parcels, providing flexibility for diverse investment strategies. The property's address is 4806 TN-58, Chattanooga, TN 37416.