5221 Old Hixson Pike, Hixson, TN 37343

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Chip H E.

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5221 Old Hixson Pike is aland property for lease in Hixson, TN.

Seller is Motivated!!! Great Multi Family opportunity. Located in the heart of Hixson this 1.73 acres is surrounded by multi family properties. There is an Apartment complex on one side (The Magnolia Place Apartments a 1980's complex with approx 48 units that sold in 2013 for 2.4 million), duplexes on the other side and commercial across the street. Great road frontage on Old Hixson Pike plus potential access from a side street cul de sac. The setting is beautiful with a nice view and unbelievable convenience. There is a house on the property that was owned by the Hixson family that first settled in the area. Could be a great opportunity to invest some money into restoration of the charming bungalow or could make for a great office if rezoned to commercial The Property is currently zoned R1 but change in zoning should not be difficult considering the zoning of neighboring properties.

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