Former Sears Service Building

Industrial for Sale
Catylist Listing ID: 28224119
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Mixed Use, Office Showroom, Warehouse/Distribution, Other, General
Building Size (RSF): 93,628 SF
Gross Land Area: 7 Acres
Sale Price: $3,495,000
Unit Price: $37.33 PSF
Ceiling: 20 ft. Clear
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/25/2017

Overview / Comments

Premium Location in Chattanooga on Amnicola Hwy. across from main entrance to Chattanooga State. Former Sears Service Center facility. Main Building is 88,268 Sq.ft. (approx.) (225.75'deep x 391' long. Upstairs Offices add another 4,400 Sq.ft. Also there is a 960 Sq.ft. (24'x 40') Truck Service Building at the Back of the Property. Total Rentable Sq.ft is 93,628 Sq.ft. (approx.). Office, showroom and repair shop areas comprise approximately 22,000 Sq.ft. The main Building is Concrete Panel construction with a clear height of approximately 20'. There are 180 surface parking spaces along with ample outside fenced yard storage area. Rail Service is also available to the Building.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 119P-C-004
Zoning: M-1
Market Type: Medium
Side of Street: Northeast
Road Type: Highway
Transportation: Bus, Highway, Airport
Rail Access: Yes
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Fair
Year Built: 1968
Roof Type: Flat
Construction/Siding: Concrete - Tilt up
Exterior Description: Concrete - Tilt up Panels.
Parking Type: Surface
Parking Description: Surface Parking of approx. 180 to 200 Parking Spaces
Total Parking Spaces: 180
Overhead Cranes: Undisclosed
Amps: 1,200
X-Phase: 3-Phase
Heat Source: Ceiling Units
Air Conditioning: Package Unit
Lighting: Fluorescent
Internet Access: Cable, DSL, Gigabit
Interior Description: Interior is in Excellent Condition. Building has a large showroom area with a seperate parts area and repair shop area. Building has an Upstairs offices area and Kitchen area of approx. 4,400 Sq.ft. Building has a Wet sprinkler System.
Zoning Description: M-1 Industrial Zone

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 943 39,337 131,253
Median Age: 43.43 39.83 38.57
Households: 402 17,106 56,044

Contact

Photograph of Listing Agent

Dawn Chandler

Luken Holdings GCAR CMLS Member
Photograph of Listing Agent

Lynette Panzieri

Luken Holdings GCAR CMLS Member

Source

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