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626 E Martin Luther King Blvd

5,330 SF Retail Building Chattanooga, TN 37403 £1,578,000 (£296/SF)

Investment Highlights

  • Opportunity Zone
  • High traffic area
  • Redevelopment options

Executive Summary

Owners of the other properties in this block are interested in selling together to create a more profitable redevelopment project. Property is located in an opportunity zone.

Property Facts

Sale Type
Investment
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,330 SF
Building Class
C
Year Built
1963
Price
£1,578,000
Price Per SF
£296
Tenancy
Single
Number of Floors
1
Building FAR
0.15
Land Acres
0.82 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
U-CX-3,U-CX-6 - Front half of property is U-CX-3 and rear is U-CX-6
Parking
13 Spaces (2.44 Spaces per 1,000 SF Leased)
Frontage
20 ft on East Martin Luther King B

Amenities

  • Air Conditioning
1 of 1
Walk Score ®
Very Walkable (74)
Bike Score ®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Starbucks
Tupelo Honey
Regions Bank
First Horizon Bank
First Citizens Bank
SPENGA
CrossFit
Pinnacle Bank
Synovus Bank
Food City

PROPERTY TAXES

Parcel Number 145E-F-014 Improvements Assessment £0
Land Assessment £0 Total Assessment £95,627

PROPERTY TAXES

Parcel Number
145E-F-014
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£95,627
  • Christi Jackson
    Christi Jackson
  • Jackson Motors Service Inc.
(423) 228-0147

  • Listing ID: 33586599

  • Date on Market: 21/10/2024

  • Last Updated:

  • Address: 626 E Martin Luther King Blvd, Chattanooga, TN 37403

The Retail Property at 626 E Martin Luther King Blvd, Chattanooga, TN 37403 is currently available For Sale. Contact Jackson Motors Service Inc. for more information.

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© 2024 CoStar Group

626 E Martin Luther King Blvd
(423) 228-0147 x

626 E Martin Luther King Blvd

Christi Jackson

(423) 228-0147

(423) 228-0147

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