4503 Hwy 58, Chattanooga, TN 37416

Online Only Absolute Auction of 1,800±SF Restaurant on .5± Acres

4503 Hwy 58, Chattanooga, TN 37416 (Hamilton County) Online Only Absolute Auction of 1,800±SF Restaurant on .5± Acres Bidding Opens: Thursday, May 17 at 1:00 PM ET Bid Deadline: Thursday, May 24 at 1:00 PM ET Closing Deadline: Tuesday, June 26, 2018 Inspection: Monday, May 14 & Monday, May 21 at 11:00 AM ET SHARP. An Auction Right of Entry form must be signed in order to gain access to the building which releases seller from liability in the event of accidents while onsite. Sale Manager: Jeb Howell Property Description: Former national chain coffee shop. Brick sided retail and restaurant building on .55 acres built in 2007 with drive through access and 18± parking spaces. Located off a signalized intersection just east of Hwy 58/153 four lane exit in a vibrant area of north Chattanooga. Includes pylon sign. Per Hamilton County tax records, the asset sold in 2007 for $1.4 million and was tax appraised at $718,500. According to an October 8, 2007 Phase 1 Environmental Site Assessment, no evidence or indication of Recognized Environmental Conditions was revealed. Zoned C-2 Commercial Water: Tennessee American Water Company Sanitary Sewer: Hamilton County Storm Sewer: Hamilton County Electric: Electric Power Board (EPB) Natural Gas: Chattanooga Natural Gas Hamilton County Parcel ID# 129H_E_011; 2017 Taxes $7,947.18 Julian E Howell, III TNAL#5451 Please note: Whereas it is possible that this listing is posted with a stated price, this asset could sell for more or less than the stated price since this is an Absolute Auction with no minimum bid. Please visit our website for complete listing, due diligence materials and additional images.