9018 Ooltewah Georgetown Rd Ooltewah, TN 37363

This 19,500-square-foot shopping center in Ooltewah, Tennessee, presents a unique investment opportunity. Located at 9018 Ooltewah Georgetown Rd, 37363, this single-story, 11-unit property sits on a 4.9-acre lot zoned C2. Built in 1985, the center currently boasts 80% occupancy with eight tenants, offering a mix of unit sizes ranging from 600 square feet to 4,778 square feet. Two vacant units, totaling 7,167 square feet (Suite 106: 2,389 SF and Suites 118/122: 4,778 SF – currently combined with office and flex space), provide immediate upside potential. The asking price is $2,750,000, translating to $141.03 per square foot. While the current income may not meet traditional investor return expectations, the significant land size and strategic location at a hard corner, coupled with proximity to Ooltewah (7.5 miles) and Cleveland, TN (10 miles), and easy access to Highway 58, offer substantial long-term growth prospects. The property presents a compelling opportunity for an investor seeking either increased rental income through lease adjustments or a significant redevelopment project. Financial details will be provided upon execution of a letter of intent.