Former Cohutta Bank in Chickamauga, GA

Office for Sale
Sale Pending
Catylist Listing ID: 30575703
Property Subtypes: Medical, Office Building
Status: Pending
Building Size (RSF): 3,295 SF
Gross Building Area: See Agent
Gross Land Area: 1.43 Acres
Sale Price: $350,000
Unit Price: $106.22 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Cohutta Banking Company
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/19/2021

Overview / Comments

This building was previously the Cohutta Bank. It is 3,295 SF and has four drive-up window lanes. Inside, the building has a walk-in vault, three offices, large lobby, kitchenette and two bathrooms. The property is located at the intersection of Five Points Road and Wilder Road. Chickamauga was one of three cities awarded the best "Work-Live-Play" city in Georgia. The location of the property offers a great hometown feel and would be ideal for a lawyer's office, CPA office, medical use or continued use as a bank.

Chickamauga is a family-friendly town with strong school systems. The city leaders have approved a revitalization plan for the city that will increase job growth, bring in more tourism, improve infrastructure and infill development.

This sale also includes a .71 acre vacant lot next door which is zoned commercial and is a perfect location to build an office, retail shop or fast food restaurant. This lot has 272 feet of road frontage. Also, the owners are open to owner financing and leasing the entire property.

Additional Details

Nearest MSA: Chattanooga
County: Walker
Tax ID/APN: 3004 001
Property Located Between: Wilder Road and Osburn Road
Property Visibility: Excellent
Highway Access: Quick access to Hwy 27
Airports: Chattanooga Airport
Site Description: The property is well maintained and sits on an attractive landscaped lot. It has 407 feet of road frontage with excellent visibility from the street.
Area Description: The property is situated at a heavily trafficked intersection with Chickamauga City Hall conveniently located just across the street.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,295 SF
Year Built: 1973
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: The building is brick with a large paved parking lot.
Parking Type: Surface
Parking Description: The property has a large paved parking lot with 20 parking spaces.
Total Parking Spaces: 20
Lot Frontage: 407
Lot Depth: 300
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,138 18,617 39,820
Median Age: 39.57 39.42 39.57
Households: 880 7,172 15,531


Photograph of Listing Agent

Joe M Pleva

KW Commercial Greater Chattanooga REALTORS® Member
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