1161 Ridgeway Ave, Signal Mountain, TN 37377

Commercial property for lease

  • Description
  • This development site is located adjacent to the Signal Mtn Post Office on the right hand (North) side. On the other side of the parcel, there are 3 duplexes that front Cauthen Way. The property would require a rezoning in order to develop a commercial or multifamily development. Currently, there is a small dilapidated house on the property.Given the commercial use to the left (south side) and multifamily use the right (North) and closeness to the shopping centers and other commercial users, I think there is a good chance of winning the rezoning case. In addition, the residential house in the rear which fronts James Blvd is 300-400 feet away.The buyer would also need to investigate whether the property could be connected to the sewer system. Otherwise, a septic system would need to be installed. The brochure contains the zoning maps. The site would be an excellent location for many uses, such as an office building for medical or general office, restaurant, retail or multifamily to name a few. Building price details: $100,000.
  • Contact info
  • Robert Fisher
    KW Commercial
  • Note
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  • Property Details
  • Property Type: Commercial (Other)
    Status: Available
    Price: $ 144,927 +/Acre
    Lot Size: 0.690 Acres
    Submarket: Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage
    MSA: Chattanooga
    Zoning: LDR
    Buildings: 1
    Terms: Cash to Seller
    Added: 02/22/2018

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