Lindsay Commons 3rd Floor 12,573 sq ft Mixed Use/ Flex Space

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30773891
Property Subtypes: Mixed Use, Flex Space, Office Building, Other
Building Size (RSF): 12,573 SF
Gross Building Area: 63,620 SF
Sale Price: $1,300,000
Unit Price: $103.40 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Lindsay Commons Building
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/24/2022

Overview / Comments

Lindsay Commons 3rd floor For Sale, perfect opportunity in the heart of Downtown Chattanooga, TN MSA to acquire a mixed use multi-flex space floor. 3rd floor is wide open and ready for unlimited use/ needs, office and light manufacturing, business, & more! Common use areas are NOT included in the offered price of 3rd floor. A common area maintenance/ use agreement will need to be negotiated between purchaser/ seller separately prior to closing. Common use areas include: Parking Spaces, 2 stairwells, elevator lobbies & the 2nd floor utility room for entire building use.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County & City of Chattanooga
Tax ID/APN: 145D M 016 C003
Zoning: C3
Property Located Between: E 8th St and Lindsay St.
Property Visibility: Excellent
Highway Access: Interstates 27 and 24 within several blocks.
Airports: Chattanooga Metropolitan Airport-8.4 Miles, Nashville International Airport 133 miles, Atlanta Airport 127 miles
Site Description: Perfect location right across the street from the Memorial Auditorium and UTC.
Area Description: Downtown Chattanooga near UTC, across the street from Memorial Auditorium, and close to Hamilton County Courthouse. Property next to the Dome Building and across street from Saint Peter & Pauls Church on E 8th St.
Total Number of Buildings: 1
Number of Stories: 5
Typical SF / Floor: 12,573 SF
Year Built: 1957
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Other
Parking Description: Parking is available in several downtown surface lots and building has multi-level parking facilities. Call agent for details.
Passenger Elevators: 2
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central, Heat Pump
Air Conditioning: Package Unit
Internet Access: Fiber Optic
Interior Description: Floor wide open for multi flex space/ mixed use.
Zoning Description: C3
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Unit 3 Third Floor Eighth And Linds Ay Commons

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,174 49,815 125,888
Median Age: 32.04 33.16 36.58
Households: 3,804 20,016 52,295


Photograph of Listing Agent

Katie L Ashley

RE/MAX Renaissance Realtors Greater Chattanooga REALTORS® Member
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