BUILDING RECENTLY UPDATED!

Industrial for Sale
Sale Pending
Catylist Listing ID: 28658314
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Warehouse/Distribution
Status: Pending
Building Size (RSF): 47,021 SF
Gross Land Area: 2.09 Acres
Sale Price: $629,000
Unit Price: $13.38 PSF
Docks/Doors: 2 Docks, 2 Doors
Office SF: 3,600 SF
Drive In Bays: 1 Bay
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Integrity Restoration Building
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/21/2017

Overview / Comments

Large industrial building with 3,600 sf of office space on the Stuart St side of the building. The office are has two bathrooms and is heated & cooled. The warehouse is heated, partially cooled and sprinkled. There are two bathrooms in the warehouse. One truck loading dock and three loading doors,

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $8,655 (Annual)
Tax Value Land $68,300
Tax Value Improvements $368,000
Assessed Value - Total($) $174,520 (Annual)

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 127M M 001
Zoning: M1 / R1
Market Type: Medium
Property Located Between: Roanoke & Curtis
Side of Street: South
Road Type: Paved
Transportation: Highway
Airports: CHA Lovel Field
Site Description: Level lot with additional land (20,000 sf) zoned R1 on the corner of Stuart and Curtis. Building has access to Stuart, Roanoke and Cushman Streets.
Area Description: Mostly M1 Buildings with some R1 at the perimeter.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1967
Year Renovated: 2010
Roof Type: Gable
Construction/Siding: Metal Siding
Parking Type: Surface
Parking Description: App. 20 spaces in front of building, plus parking in back of building for trucks.
Total Parking Spaces: 20
Sprinklers: Wet
Amps: 1,200
Volts: 240
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Central, Ceiling Units
Air Conditioning: Package Unit
Lighting: Fluorescent
Internet Access: Cable, Gigabit
Zoning Description: Building Lot is Zoned M 1. Lot at the corner of Stuart & Curtis is Zoned R 1.
Lot Frontage: 400'
Lot Depth: 380'
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: Map 127M Group M Parcel 001

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,618 54,231 148,064
Median Age: 32.87 35.88 37.34
Households: 2,182 21,965 63,132

Source

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