4806 Tn-58Chattanooga, TN 37416

Property Details for 4806 Tn-58

Year built

1976

Lot size

0.78 AC

Property size (Sq ft)

2,649 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Latitude

35.0902

Longitude

-85.1862

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