Ideal Live/Work Office Opportunity

Office for Sale
Catylist Listing ID: 30051152
Property Subtypes: Office Building, Other
Building Size (RSF): 1,822 SF
Gross Building Area: See Agent
Gross Land Area: 0.29 Acres
Sale Price: $225,000
Unit Price: $123.49 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/29/2017

Overview / Comments

Located in the heart of East Brainerd, this Victorian style home is the ideal live/work opportunity with an open layout, tall ceilings and updated features throughout. Enjoy the best of both worlds... living on a quiet, peaceful cul-de-sac street while also reaping the benefits of your business having one of the most convenient locations to serve the greater Chattanooga area. With Gunbarrel Road less than 1 block away, I-75 access just over 1 mile and Erlanger East within minutes, this area has become a popular district for business/medical facilities. In fact, there are several other homes located on this street that have recently become locations for various businesses as well as a medical office facility that is currently under development on this street.

Covering two floors and over 1,800 sq. ft. of space, this home boasts a lot of charm. The 1st floor consists of a bright entry way, a two-story great room with hardwood flooring and a gas fireplace, an updated kitchen with a breakfast nook, a 1/2 bathroom, a separate dining room, a master bedroom with trey ceilings and a full master bathroom. The 2nd floor offers a loft area with a balcony view overlooking the great room on the 1st floor, two medium-sized bedrooms that could easily be converted to offices and one full bathroom. (see attached photos)
The exterior of the property is just as charming as the interior, with a well-manicured, level lot and a quaint backyard. Take a break from work and enjoy a quick dip in the pool and some sunshine therapy or take your work outside on the screened-in porch. There is storage space available in both the home and the free-standing storage building in the backyard. Also, there is an attached one car garage with a small driveway with additional off-street parking available to accommodate all business parking needs.

This home is available for sale for $225,000. Its open floor plan allows the space to easily be converted to fit the needs of a business. The property has plenty of room for a nice sized office as well as a home, making it a perfect live/work scenario. However, it could easily be returned to its former use as a single-family residence.

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 158E C 003.17
Zoning: O-1
Property Located Between: I-75 and Gunbarrel Road
Highway Access: Interstate-75 access in 1.2 mile via East Brainerd Road
Airports: Chattanooga Metropolitan Airport (CHA) - 3.2 miles
Site Description: 0.29 acre, level lot; well-manicured parcel; home in great condition; backyard features above-ground pool with surrounding deck; free-standing storage building in rear of property; centrally located in Chattanooga off Gunbarrel Road; easily accessible
Area Description: Located just off Gunbarrel Road, which is a major commercial area of Chattanooga, and is occupied by heavy retail and other various businesses. Erlanger East is located just minutes from the property and has attracted many medical businesses to the nearby area. Hamilton Place Mall is within 2 miles of property, which is one of the largest shopping malls in Tennessee, and brings heavy traffic. This property is centrally located to all of Chattanooga and offers superior convenience.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1988
Year Renovated: 2006
Lot Frontage: 50 Feet
Lot Depth: 125.2 Feet
Land Ownership: Owned
Legal Description: Lt 4 Applegate Sub 41-368 Rev 42-32 4 Out Of 158E-C-3 For 1987

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,535 47,445 123,520
Median Age: 39.53 40.64 39.69
Households: 4,133 20,320 51,090

Contact

Photograph of Listing Agent

Joe M Pleva

KW Commercial GCAR CMLS Member
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