Office/Residential Tri-Plex

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30339826
Property Subtypes: Mixed Use, Office Building
Status: Pending/Contingent
Building Size (RSF): 4,000 SF
Gross Land Area: 0.14 Acres
Sale Price: $225,000
Unit Price: $56.25 PSF
Property Use Type: Net Leased Investment (NNN)
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/3/2019

Overview / Comments

Three Story Building with 1,500 SF Office and 3 studio apartments. Located on Brainerd Road near Bachman Tunnel at Missionary Ridge between Tunnel Blvd. and Woodlawn Dr. Close to downtown. Is located on bus line. .

I-24 East toward Chattanooga. Take exit 183 for Germantown Rd toward Belvoir Ave. Turn left onto S Germantown Rd. Turn left onto Brainerd Rd. Destination will be on the right.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 147P-D-024.01
Property Located Between: Tunnel Blvd. & Woodlawn Dr.
Property Visibility: Excellent
Highway Access: Near I-24, accessed from nearby Germantown Road
Area Description: Commercial on street with established residential nearby.
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 1,500 SF
Year Built: 1950
Year Renovated: 2017
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Lot Frontage: 55
Lot Depth: 110
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lts 9, 10 E R Howard Sub Pb 9 Pg 21

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,619 79,496 157,927
Median Age: 38.1 35.9 37.02
Households: 4,674 31,656 66,123


Photograph of Listing Agent

Tony H Brock

The Raines Group, Inc. Greater Chattanooga REALTORS® Member
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