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Staff Photo by Robin Rudd / The former Sleep Outfitters building at 7308 Shallowford Road is for sale.

Chattanooga's busy Shallowford Road area, complete with high traffic counts, is home to a building that could hold new retail use or serve as medical offices.

The former Sleep Outfitters store at 7308 Shallowford Road sits near the Waterside Lifestyle Center, which holds an Embassy Suites, Mellow Mushroom and Burlington Coat Factory store.

The 4,800-square-foot building has a sale price of $1.49 million, according to the real estate brokerage company KW Commercial.

The site also holds 20 parking spaces and offers a large storage area, two offices and a pair of restrooms, the real estate company said.

The Shallowford Road property sits on an artery that boasts over 13,000 average daily vehicles. Also, it's amid a daytime population of 50,313 within a 5-mile radius, the company said.

In addition, the Waterside development holds clothing and gear retailer REI as well as grocer Publix. The development includes a variety of small shops and restaurants including Drake's and Newk's.

The developers have said that up to 300 new apartment units also could go up in Waterside.

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Staff Photo by Robin Rudd / The former Sleep Outfitters building at 7308 Shallowford Road is for sale.

ABOUT THE SITE

* Location: 7308 Shallowford Road

* Site: 4,800 square feet

* Sale price: $1.49 million

* Zoning: C-2

* For more information: KW Commercial

 

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