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3824 Ringgold Rd
Chattanooga, TN 37412
Kingwood Pharmacy · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Size
21,000 sq ft
Costar Property Class
B
Year Built
1945
Number of Floors
1
Plot ratio
0.60
Total Plot Size
0.80 ac
Frontage
88 ft on Ringgold Rd

ABOUT 3824 RINGGOLD RD , CHATTANOOGA, TN 37412

Kingwood Pharmacy, founded in 1945 and a pillar of the East Ridge community for 72 years has closed it doors and the property is now for sale. The property has large open areas for retail use, a pharmacy compounding lab with shelving, cabinetry, sinks, and central vacuum system. It also has a state of the art 12 x 12.9 "clean room" for sterile compounding and attached 6.8 x 8.3 "garbing room and sterile lab", both rooms are FDA approved with negative pressure. The "clean room" can be converted to Hazardous Drug Compounding. This is a great location for a compounding pharmacy, retail businesses, a repurposed use or redevelopment project. The location is about as good as it gets in East Ridge with high traffic counts and a signalized intersection. The option of adding residential in the mix is possible as there are three (3) apartments located above the first floor. Perfect spot for restaurant, fast food, convenience store, etc. The property is located in the East Ridge "Border Region Retail & Tourism Development District" which could allow a new owner / developer to receive sales tax rebates over 20 years. Signalized corner of Ringgold Rd & Kingwood / Greens Lake Rd's (runs through GA State line and connects with Lakeview Dr at Lake Winnepesaukah). Also within 1.26 miles of 1-24 / Germantown Rd Interchange.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
168E-H-021
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£323,526
  • Listing ID: 7006142

  • Date on Market: 01/05/2017

  • Last Updated:

  • Address: 3824 Ringgold Rd, Chattanooga, TN 37412

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