Medical Condo

Office for Sale
Sale Pending
Also listed as Special Purpose
Catylist Listing ID: 30778081
Property Subtypes: Medical
Status: Pending
Building Size (RSF): 7,201 SF
Gross Building Area: See Agent
Sale Price: $799,900
Unit Price: $111.08 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/12/2022

Overview / Comments

Medical Condo across the parking lot from Memorial Hospitals North Campus. Multiple offices, 5 bathrooms, multiple exams rooms and waiting rooms. Currently built out for an eye center but could be split into multiple medical related businesses or enough space to expand a current business so that staff has space to work. 7201 Vacant space to purchase with current attached occupants including North River Periodontics , Chi Memorial and some individual doctors offices. 105 +- Parking spaces shared by the complex with ample parking behind the building for employees to enter behind the building. With the current climate separating the staff could have its benefits. There are 2 front entrances that could lend itself to being split or used by multiple medical related businesses.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033110J A 01000C001
Zoning: R4
Property Located Between: Memorial Hospital North Campus and Northgate Mall
Property Visibility: Excellent
Highway Access: adjacent to why 153
Airports: only minutes from CHA airport
Site Description: Vacant condo in a medical mall , paved parking area secured in the back with fencing. Lot is completely flat and accessible from 2 sides.
Area Description: Medical related area as this is in the parking out parcel of the Hospital.Adjacent to lots of retail and commercial properties in this is the primary commercial zone in this north corridor of Chattanooga TN .
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2001
Year Renovated: 2001
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: 105 +- Parking spaces flat , marked , paved
Sprinklers: Other
Heat Type: Electricity, Natural Gas
Heat Source: Central, Heat Pump
Air Conditioning: Package Unit
Internet Access: Cable, DSL, Gigabit, Fiber Optic
Interior Description: Currently set up into many offices, and exam rooms with a large open waiting room reception area when you walk in.
Zoning Description: R4
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Legal Description: of record

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,196 37,401 101,573
Median Age: 40 41.81 40.25
Households: 1,911 16,515 43,876


Photograph of Listing Agent

Jonathan Campbell

Keller Williams Realty Greater Chattanooga REALTORS® Member
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