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This shopping center at 2101 Dayton Blvd., is on the market for $3.2 million.

The popularity of Chattanooga's North Shore is spilling over into Red Bank.

A 52,365-square-foot shopping center in Red Bank that has a Save-A-Lot grocery store as its anchor is for sale and using its close proximity to the hip commercial and residential area adjacent to the Tennessee River to attract potential buyers.

The shopping center at 2101 Dayton Blvd. has a $3.2 million sale price, according to commercial real estate broker Cliff Butler of Re/Max Real Estate Center.

Built in 1975, the center is ready for the next owner to remodel or redevelop, he says.

The Save-A-Lot space is 26,165 square feet with 14-foot ceilings and a pair of loading docks.

The broker says the strip center is located in an emerging retail corridor linking the North Shore to Hixson and draws on the population on Signal Mountain.

The estimated daily traffic count in front of the shopping center is 20,000 vehicles, and the site has 876 feet of street frontage, according to the broker.

ABOUT THE SITE

* Location: 2101 Dayton Blvd.

* Gross land area: 6.81 acres

* Building size: 52,365 square feet

* Sale price: $3.2 million

* For more information: Cliff Butler of Re/Max Real Estate Center

 

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