rent to own home - Chattanooga, TN - a commercial property

Wonderful opportunity to purchase an income producing commercial building in downtown Chattanooga located near the intersection of fourth Sreet and Market Street. This property is located in both the tourist and business districts in the heart of downtown Chattanooga. The Tennessee Aquarium is a mere four blocks away.The property is located on Market Street between fourth and fifth Streets near Chilis, Tazikis, across from Jacks Alley, Panera Bread and Taco Mac. This area boasts tons of foot traffic and lots of visibility. The building is +/- 26,000 SF with +/- 23,138 SF for sale with condominium documents in place. A +/- 3000 SF commercial condominium was sold in 2009.A national tenant occupied the property in the fall of 2014 for a 10yr lease term with renewal options.This is an ideal opportunity for an investor/developer or owner user.***Real Estate Broker is related to Landlord***This Chattanooga, TN rent to own home is a commercial property with , beds and baths. To learn more about this rent to own home or other rent to own homes, make sure to click on the tabs above.

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

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Property Info
Property ID225356049
Living Area (sqft)26,000
Property TypeCommercial

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