3900 & 3904 Ringgold Rd 3900 Ringgold Rd 3,208 SF 100% Leased Retail Building Chattanooga, TN 37412 £640,390 (£199.62/SF)
EXECUTIVE SUMMARY
Fantastic opportunity in the busy Ringgold Rd corridor. Property includes 2 detached buildings on a 1.01 +/- acre lot in the heart of East Ridge. Building #1 at 3900 Ringgold Rd is leased to Pet D-Tails (pet grooming) which is a long-term tenant who is now month to month. Building #2 at 3904 Ringgold Rd is vacant and available for purchaser to owner occupy but is also being offered for lease for $3,000/month. Would be a great spot for a restaurant or retail. The structures are separated by tons of parking and the size of the lot would allow for potential/development. The property is located on the corner of Kingwood Dr and Ringgold Rd, so it is in a great spot to service the many surrounding neighborhoods, and it is only minutes from downtown Chattanooga. Please call for more information and to schedule a showing. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Tenants option to buy property
Property Type
Retail
Property Subtype
Building Size
3,208 SF
Year Built
1968
Price
£640,390
Price Per SF
£199.62
Percent Leased
100%
Number of Floors
1
Building FAR
0.07
Lot Size
1.03 AC
Zoning
C-2 - Go to: https://www.eastridgetn.gov/building_codes.html for additional information.
Frontage
423 ft on Ringgold Rd
AMENITIES
- Corner Lot
- Security System
- Signalised Junction
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 168E-N-017.01 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £129,916 |
