Downtown Office Bldg For Sale

Office for Sale
Catylist Listing ID: 30362399
Property Subtypes: Office Building
Building Size (RSF): 1,400 SF
Gross Building Area: See Agent
Gross Land Area: 0.11 Acres
Sale Price: $99,000
Unit Price: $70.71 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Class of Space: Class A
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 8/6/2019

Overview / Comments

Office space in downtown Decatur located across the street from the Courthouse. Location is in a high traffic area close to restaurants, gas station, and other businesses. This building was previously a Lawyer's office but would also be perfect for an insurance company, salon, or any small business. The building can be separated into two offices, with two separate entrances, meeting rooms, and a bathroom in each section. This would be perfect for an investor to receive 2 leases/incomes for one building. A large parking lot is included with this property.

Additional Details

Nearest MSA: Chattanooga
County: Meigs
Submarket Type: Central Business District
Taxing Authority: Meigs County
Tax ID/APN: 042K C 014.01
Property Located Between: Hwy 58 and Abel Ave
Property Visibility: Excellent
Highway Access: Hwy 58
Airports: Chattanooga Lovell Field Airport - 43.7 mi
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1975
Roof Type: Gable
Construction/Siding: Brick/Vinyl Siding
Parking Type: Surface
Parking Description: 3,400 sq ft parking lot
Heat Type: Electricity
Heat Source: Central, Heat Pump
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Municipal
Legal Description: OFF BILLY HENNESSEE

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,631 6,450
Median Age: 42.44 41.46
Households: 1,825 2,517


Photograph of Listing Agent

Leona Thomas

Fletcher Bright Realty Greater Chattanooga REALTORS® Member
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