Contact info

• 423-664-1550 [Office] 

Description

Excellent package deal investment opportunity adjacent to busy UTC campus. Price includes a triplex, bookstore, and coffee/gelato shop 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. Also, rent rolls are available upon request. All 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 coffee shop includes FF&E and was last updated in 2011. 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: $1,250,000.

Property Details

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

Terms

• Cash to Seller 

Agent

Map Locations