Property summary
This exceptional commercial property, located at 5119 Highway 11 S in Calhoun, Tennessee, presents a unique investment opportunity. The 3,910 square foot building sits on a 1.09-acre lot and offers high visibility due to its prime Highway 11 location. Previously a Hardee's restaurant, the building retains some existing kitchen equipment and fixtures, making it ideal for a food service business. However, its adaptable layout allows for a variety of commercial uses, including retail or office space. The property benefits from its position in a growing area, offering easy access to nearby towns like Charleston, and major routes connecting to Cleveland, Athens, and Chattanooga. This translates to a strong potential customer base drawn from both local residents and travelers. The supportive local economy further enhances the property's appeal. The combination of size, location, and existing infrastructure makes this a compelling opportunity for entrepreneurs and investors seeking a foothold in a thriving Tennessee market. The asking price is $895,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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