Office Building For Sale

Office for Sale
Catylist Listing ID: 30181325
Property Subtypes: Mixed Use, Office Building
Building Size (RSF): 3,030 SF
Gross Land Area: 0.26 Acres
Sale Price: $250,000
Unit Price: $82.51 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 3,030 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/7/2018

Overview / Comments

Great corner lot on Ringgold Road at Altahama Street with excellent visibility, across street from First Tennessee Bank and adjacent to Signarama.

Building has two office suites that are combined or they can easily be separated into two office suites (5437 & 5439 Ringgold Road) that can give new owner rental income. Property has warehouse/storage space in the rear with two roll up doors.

Roof replaced 3 years ago. HVAC is all electric. Property has ADT security system and Comcast high speed business internet installed,

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033169G J 01900P000
Property Located Between: Corner of Ringgold Road & Altamaha Street
Property Visibility: Excellent
Highway Access: 1.5 miles from I-75
Airports: CHATTANOOGA METROPOLITAN
Site Description: Level corner lot
Area Description: Commercial, retail and office along Ringgold Rd
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1947
Year Renovated: 1983
Roof Type: Flat
Construction/Siding: Brick/Vinyl Siding
Exterior Description: Block with vinyl siding. Includes aluminum carport
Parking Type: Surface
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Package Unit
Internet Access: Cable, DSL, ISDN
Interior Description: Several offices with kitchens. Warehouse space.
Lot Frontage: 86ft
Lot Depth: 120ft
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Legal Description: NE 1/4 Sec 32 TWP 2S R-3W

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,042 72,738 155,618
Median Age: 38.53 37.42 37.33
Households: 4,039 30,695 64,054

Contact

Photograph of Listing Agent

William F Ingram

The James Company Real Estate Greater Chattanooga REALTORS® Member
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