Contact info

• 423-664-1550 [Office] 

Description

Excellent package deal investment opportunity adjacent to busy UTC campus. Price includes a triplex, restaurant, bookstore, coffee/gelato shop and an A-frame rooftop apartment located on the corner of Houston and Vine Street in downtown Chattanooga. The property features residential space, which is currently 100% occupied, that tenant could rent for an additional source of income. FF&E is included in the coffee shop and the restaurant. Also, rent rolls are available upon request. All 3 buildings also feature new roofs.The triplex features residential rooms for rent. Rooms are separated by floor levels in the building. Each room on a floor shares a kitchen and a bathroom. The 1st floor offers 3 bedrooms; 2nd floor includes 2 rooms; 3rd floor features an open, studio space.The restaurant - University Pizza & Deli - continues to be a popular hangout for UTC students since 1997. University Pizza experiences an average annual income of approximately $375,000. The upstairs of the building includes an apartment in the back. FF&E is included.The coffee shop includes FF&E and was last updated in 2011. This building includes an A-frame rooftop apartment.The college bookstore, currently under a lease, includes an outdoor patio area. Space could be renovated as a cafe with outdoor seating. Building price details: $2,250,000.

Property Details

• Type: Retail
• Use Types:Mixed Use, Restaurant, Street Retail, Other
• Status: Available
• MSA: Chattanooga
• Zoning: C-3
• Buildings: 6
• Tenancy: Multiple Tenants

Terms

• Cash to Seller 

Agent

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