Catylist ID:
#30575703
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 |
| Zoning: | COMMERCIAL |
| 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 |
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 |
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