320 Industrial Blvd

Retail-Commercial for Sale
Catylist Listing ID: 30634759
Property Subtypes: Free-Standing Building, Street Retail, Other
Building Size (RSF): 8,000 SF
Gross Building Area: See Agent
Sale Price: $325,000
Unit Price: $40.63 PSF
Ceiling: 20 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/12/2021

Overview / Comments

Property is located less appx 1 mile off I-24 at Exit 155, Jasper/Dunlap. It consists of over 8000 sq ft building. Back portion of building is perfect for warehouse and is over 4000 sq ft. It has 2 large roll up garage doors and has all new LED lighting and wiring with 3 phase power installed since October 2019. Multiple outlets were installed at the same time. Overhead gas heater was installed in warehouse area. Building was formally used as a cable tv facility where equipment in part of the building was temperature/climate sensitive. 2 large American Standard HVAC units were installed in 2017. Store front area is heated and cooled with Mitsubishi units that were installed in 2017 as well. Store front has all tile floors that were installed since September 2019, as well as LED lighting. Bathrooms remodeled with new fixtures. Building has plenty of office space, with new AC unit installed in main office. All interior walls in office and showroom have been repainted. LED exterior lighting around the perimeter of building installed as well. Lots of storage areas, and lots of level parking. Building has an unfinished loft area that potentially could be storage or office space. Flood insurance may be required.

Additional Details

Nearest MSA: Chattanooga
County: Marion
Tax ID/APN: 058119 09210
Zoning: C-2
Retail Clientele: General, Business, Other
Property Located Between: I-24 Kimball and Jasper
Property Visibility: Good
Largest Nearby Street: I-24 and US 72
Feet of Frontage: 120
Highway Access: Easy access to US 72/64 and less than a mile from I-24
Airports: Marion County Airport
Site Description: Mostly level with easy access.
Area Description: Industrial Blvd connects Jasper and Kimball. Located on the street is Mueller Brass, Valmont, Variform, Tennessee Galvanizing, Hot Stuff Foods, and several smaller contract business.
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Good
Year Built: 2003
Year Renovated: 2020
Construction/Siding: Steel Frame
Exterior Description: Metal
Parking Type: Surface
Parking Description: Level
Sprinklers: None
Heat Type: Electricity
Heat Source: Central, Wall Units
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Storefront area has been completely remodeled as well as office spaces. Warehouse area has new wiring and lighting.
Zoning Description: C-2
Lot Frontage: 120
Lot Depth: 310
Water Service: Municipal
Sewer Type: Septic
Easements: Utilities
Legal Description: Tax Map 119 Parcel 092.10 Harris Acres Subdivision Plat Bk 4 Pg 564 Lot 5

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,057 5,055 10,693
Median Age: 47.36 43.04 42.87
Households: 456 2,110 4,302


Photograph of Listing Agent

Butch Witcher

Heart Realty, Inc. Greater Chattanooga REALTORS® Member
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