8627 Hixson Pike, Hixson, TN

8627 Hixson Pike, Hixson, TN


RETAIL-COMMERCIAL FOR SALE
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 5,000 SF
Gross Land Area: 1.20 Acres
Sale Price: $374,900
Unit Price: $74.98 PSF
Ceiling: 8 ft.
Property Use Type: Investment
Building Name: Old Pig Out Restaurant
Usable Size (USF): 5,000 SF
Sale Terms: Cash to Seller
Building specifications – As indicated, the subject property is improved with one structure. The structure was designed as a multi-tenant neighborhood retail and office center. Since the most recent transfer of ownership, the structure was renovated on the exterior and interior. These renovations included a new roof cover, new store front, new plumbing and electric systems and the installation of city sewer.
Current Tenants
Tenant Business Name Restraunt
Contact Name Maria
Is Renting? Yes
Employees Total 5
SF of Space Occupied 2,500 SF
Current Rent $1,800 PSF (Annual)
Lease Expiration 11/2018

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033074M E 00502P000
Zoning: C1
Retail Clientele: General
Property Located Between: Fronts Hixson pike and is close to Daisy Dallas Rd.
Area Description: Lakesite is a city in Hamilton County, Tennessee. TH population was 1,826 at 2010 census. Lakesite is located 15 miles north of the city. Population grew by 66% when the city of Lakesite was annexed.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,000 SF
Property Condition: Good
Year Built: 1972
Year Renovated: 1996
Construction/Siding: Block
Exterior Description: The building is one structure block building and was designed as a multi-tenant neighborhood retail and office center. In 1996 the new owners installed a new roof, new store front, new plumbing, and electric systems and installation of city sewer.
Parking Description: Plenty of parking and easily accessible.
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Interior Description: Interior walls consist of wood stud walls with gypsum board covering that has been taped and painted.
Zoning Description: c1
Water Service: Municipal
Sewer Type: Municipal
Easements Description: Not that is obvious by the naked eye.
Land Ownership: 1.2 acres
Legal Description: Plat Book/83/166 Lt 2 Dallas Bay Executive Center P83 Pg 166 Out Of 074M-E-005 F

For more information about this property please contact:
Listing Agent - Wendy Elliott
Cell 386-481-8439
Office 423-825-0049
Wendy@GlascockCo.com
Listing Agent ~ Wendy Elliott
Cell 386-481-8439 ~ Office 423-825-0049 ~ Wendy@GlascockCo.com

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