9018 Ooltewah Georgetown RdOoltewah, TN 37363

Property Details for 9018 Ooltewah Georgetown Rd

Year built

1985

Lot size

4.90 AC

Property size (Sq ft)

19,500 SF

Property type

Retail properties

Property subtype

Lifestyle centers

Description

This 19,500-square-foot shopping center in Ooltewah, Tennessee, presents a unique investment opportunity. Located at 9018 Ooltewah Georgetown Rd, 37363, this single-story, 11-unit property sits on a 4.9-acre lot zoned C2. Built in 1985, the center currently boasts 80% occupancy with eight tenants, offering a mix of unit sizes ranging from 600 square feet to 4,778 square feet. Two vacant units, totaling 7,167 square feet (Suite 106: 2,389 SF and Suites 118/122: 4,778 SF – currently combined with office and flex space), provide immediate upside potential. The asking price is $2,750,000, translating to $141.03 per square foot. While the current income may not meet traditional investor return expectations, the significant land size and strategic location at a hard corner, coupled with proximity to Ooltewah (7.5 miles) and Cleveland, TN (10 miles), and easy access to Highway 58, offer substantial long-term growth prospects. The property presents a compelling opportunity for an investor seeking either increased rental income through lease adjustments or a significant redevelopment project. Financial details will be provided upon execution of a letter of intent.

Location Insight

City

Ooltewah

County

Hamilton

State

Tennessee

Latitude

35.1744

Longitude

-85.0273

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].