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7808 Old Lee Hwy, Ooltewah, TN 37363

Commercial property for sale

  • Description
  • This great site consists of 5 Acres on Old Lee Hwy near the intersection of Apison Pike. Property has 800 feet of frontage on Old Lee Hwy with corners on Green Shanty Rd and Maywater Rd. In the coming months a 100 acre mixed use development comprising Retail, Office, Medical and High Density Residential will be breaking ground just one mile down the road from this site. The property is currently being used as a mobile home park with 19 mobile homes, 2 - two room cottages, 7 - one bedroom apartments, 1 mobile home with 2 car garage, 3 single family homes, 40 by 60 warehouse, 3 empty pads and a wash house. This is obviously not the highest and best use. This is an opportunity to generate good revenue with the mobile home park until the site is ready for redevelopment. Property is visible from I-75 and will have great access once the new Volkswagen Exit #9 connecting Apison Pike is completed. TDOT states the project is slated for completion in December 2012 and is currently underway. This new interchange will allow for retail, hotel/motel and fast food development on this site just to name a few. Building price details: $1,200,000.
  • Property Details
  • Property Type: Multifamily
    Use Types: Mixed Use, Mobile Home Park
    Status: Available
    Price: $ 36,364 +/Unit
    MSA: Chattanooga
    Buildings: 1
    Terms: Cash to Seller
    Added: 12/23/2011
    Last Update: 08/23/2012
  • Contact info
  • 423-664-1550 [Office]
  • Note

  • Details Info about this row that located on 7808 Old Lee Hwy, Ooltewah, TN 37363 was got from trusty sources, but All Foreclosures Homes 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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