Lookout Mtn. GA Retail Shop

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30164224
Property Subtypes: Convenience Store, Day Care Facility, Garden Center, Restaurant
Status: Pending
Building Status: Proposed
Building Size (RSF): 1,860 SF
Gross Building Area: See Agent
Gross Land Area: 0.97 Acres
Sale Price: $160,000
Unit Price: $86.02 PSF
Property Use Type: Vacant/Owner-User, Business
Building Name: Lookout Trading Post
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/4/2018

Overview / Comments

This North Georgia 4-way intersection (Hwy 157 and Hwy 136) is one of the more popular and serves as a traveling hub to enjoy north GA outdoor recreation.

A business owner at this corner would be near the following destinations:
- Cloudland Canyon State Park
- Canyon Ridge Golf Club Community
- Lookout Highland Gated Community
- Canyon Grill Restaurant
- Lookout Mountain Hang Gliding

In the past, this building and location has been successful in the retail arena sporting such concepts as a Art and Crafts, C-Store, Diner, Ice Cream Parlor, typical Hardware and Consignment type goods.

Additionally, this property is on the acclaimed "World's Largest Yard Sale' route.

Designated Broker:

Ken Armstrong, Broker
The Raines Group, Inc.
865.310.4092 (m)
423.875.3600 (o)

Additional Details

Nearest MSA: Chattanooga
County: Dade
Taxing Authority: Walker County
Tax ID/APN: 0230 050B
Retail Clientele: General, Tourist
Property Located Between: Trenton GA and Chickamauga GA
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2002
Construction/Siding: Metal Siding, Wood Frame
Parking Type: Other
Parking Description: 100% gravel

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,563 7,787
Median Age: 45.94 41.82
Households: 635 3,095


Photograph of Listing Agent

Ken Armstrong CCIM

The Raines Group, Inc. KAAR CIE Member
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