Southside Opportunity

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 29946815
Property Subtypes: Flex Space, Food Processing, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Self Storage, Other
Status: Pending/Contingent
Building Size (RSF): 154,000 SF
Gross Land Area: 7.95 SF
Sale Price: $2,750,000
Unit Price: $17.86 PSF
Docks/Doors: 6 Docks
Drive In Bays: 3 Bays
Property Use Type: Vacant/Owner-User
Building Name: 1601 South Holtzclaw Ave.
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/14/2017

Overview / Comments

Southside Opportunity. Former National Poster / RockTenn / WestRock Digital Printing Facility located in the heart of the Southside District near the intersection of East Main Street and South Holtzclaw. Potential for Re-Development to Alternate Uses. Adjacent to the Sculpture Fields at Montague Park. Zoned M-1. Approx. 7.95 (+/-) acres with approx. 154,000 SF. (+/-). 4,000 amps 480 volt 3 phase power. Currently Zoned M-1.

Call Listing Agent (Russ Elliott) to schedule appointments to tour the property. Square footage and acreage is taken from the Tax Records and the Listing Agent does not guarantee the accuracy of either. Square feet and acreage need to be verified by Purchaser.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 156A-D-003
Zoning: M-1
Property Located Between: East Main and 23rd Street
Highway Access: I-24
Airports: Chattanooga
Area Description: Located in the Heart of the Southside District near the intersection of East Main Street and South Holtzclaw Ave. Property is adjacent to the Sculpture Fields at Montague Park.
Tenancy: Single Tenant
Total Number of Buildings: 5
Number of Stories: 2
Property Condition: Good
Year Built: 1948
Year Renovated: 2008
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Approx. 100 (+/-) Parking Spaces
Total Parking Spaces: 100
Sprinklers: Wet
Amps: 4,000
Volts: 480
X-Phase: 3 Phase
Heat Type: Natural Gas
Lighting: Fluorescent
Internet Access: Gigabit
Interior Description: Ceiling Heights vary throughout the facility from 9'-3" to 18'-9" inches.
Zoning Description: M-1
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,633 73,130 135,863
Median Age: 27.06 34.98 36.97
Households: 2,738 29,383 55,996

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