Signal Industrial Products Inc.. A Southside Development Opportunity
Special Purpose
for Sale
Sale Pending
Catylist Listing ID: |
30525005 |
Status: |
Pending |
Building Size (RSF): |
13,500 SF
|
Gross Land Area: |
0.31 Acres
|
Sale Price: |
$1,800,000 |
In Opportunity Zone? |
Yes |
Property Use Type: |
Business |
Usable Size (USF): |
13,500 SF |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
1/18/2021 |
Overview / Comments
Located in the heart of Southside development. The historic Signal Industrial Products building circa 1907 currently zoned U-CX-4 (mixed residential/commercial use up to 4 stories in height) and home to Signal Industrial Products. 13,500 square feet currently mixed-use office/warehouse.
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Additional Details
Nearest MSA: |
Chattanooga |
County: |
Hamilton |
Taxing Authority: |
Chattanooga |
Tax ID/APN: |
145K K 002 |
Zoning: |
U-CX-4 |
Property Located Between: |
Cowart and 16th Street |
Largest Nearby Street: |
Cowart Street |
Feet of Frontage: |
100 |
Highway Access: |
Cowart to E Main to 127 to I-24 East or West. |
Airports: |
Chattanooga |
Site Description: |
In the heart of the Chattanooga Southside is the Signal Industrial Products building Currently used as an active wholesale/retail business. 13,500 square feet which is an excellent redevelopment opportunity. Up to 4 Stories of mixed commercial/residential use. |
Area Description: |
The Southside is a trendy strip of art houses, galleries, restaurants and beautifully restored architecture spanning Main Street and beyond. It’s the epicenter of our very own cool, southern-cosmopolitan groove that attracts artists, musicians, entrepreneurs and those who look at life from a slightly different perspective. |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Typical SF / Floor: |
13,500 SF |
Property Condition: |
Good |
Year Built: |
1907 |
Year Renovated: |
2003 |
Roof Type: |
Flat |
Construction/Siding: |
Brick |
Exterior Description: |
Painted Brick |
Parking Type: |
Surface |
Sprinklers: |
None |
Internet Access: |
Gigabit |
Interior Description: |
Mixed Office/Warehouse/Retail counter |
Zoning Description: |
U-CX-4 |
Lot Frontage: |
100 |
Lot Depth: |
130 |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Legal Description: |
Lt Pt 1 Glass Addn Whiteside St N/R 0101 24 02 |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
9,344 |
54,331 |
128,256 |
Median Age: |
32.23 |
33.87 |
36.67 |
Households: |
3,714 |
21,466 |
53,005 |
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