3824 Ringgold Road, Chattanooga, TN 37412

Commercial property for lease

  • Description
  • Kingwood Pharmacy, founded in 1945 and a pillar of the East Ridge community for 72 years has closed it doors and the property is now for sale. The property has large open areas for retail use, a pharmacy compounding lab with shelving, cabinetry, sinks, and central vacuum system. It also has a state of the art 12 x 12.9 "clean room" for sterile compounding and attached 6.8 x 8.3 "garbing room and sterile lab", both rooms are FDA approved with negative pressure. The "clean room" can be converted to Hazardous Drug Compounding. This is a great location for a compounding pharmacy, retail businesses, a repurposed use or redevelopment project. The location is about as good as it gets in East Ridge with high traffic counts and a signalized intersection. The option of adding residential in the mix is possible as there are three (3) apartments located above the first floor.Perfect spot for restaurant, fast food, convenience store, etc. The property is located in the East Ridge "Border Region Retail & Tourism Development District" which could allow a new owner / developer to receive sales tax rebates over 20 years. No retail prescription drug store, pharmacy, ordering, processing, or delivery facility may operate out of this location for 10 years through mid 2026. A compounding pharmacy is allowed however. Building price details: $750,000.
  • Exterior Features
  • Parking: Yes
    Parking Spaces: 50
    Parking Type: Surface
  • Contact info
  • Scott Williamson
    Fletcher Bright Commercial
    Lee Ann Williamson
    Fletcher Bright Commercial
  • Note
  • Details Info about this row that located on 3824 Ringgold Road, Chattanooga, TN 37412 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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  • Property Details
  • Building Name: Kingwood Pharmacy
    Property Type: Commercial (Other)
    Status: Available
    Building Size: 35,000 SF
    Number of Stories: 15
    Year Built: 1945
    Submarket: Free-Standing Building
    MSA: Chattanooga
    Zoning: C - 2
    Buildings: 1
    Construction: Block
    Terms: Cash to Seller
    Added: 11/18/2017

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