Freestanding Historic building in the Opportunity Zone
Industrial
for Sale
| Catylist Listing ID: |
30716279 |
| Property Subtypes: |
Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Research & Development, Other
|
| Building Size (RSF): |
2,400 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.20 Acres
|
| Sale Price: |
$205,000 |
| Unit Price: |
$85.42 PSF |
| Docks/Doors: |
1 Door |
| Drive In Bays: |
1 Bay |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/10/2021 |
Overview / Comments
This property on Dodson Avenue is perfect for construction companies or any type of contractor: plumber, HVAC, electricians, etc.
Heating and cooling can easily be added utilizing the 3 phase electric and 2 gas lines. The property enjoys close proximity to the Glass Street district which is currently undergoing revitalization. This property would also be great for artists or anyone wanting a property conducive to live/work.
|
Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Hamilton |
| Taxing Authority: |
Hamilton County and City of Chattanooga |
| Tax ID/APN: |
033137A A 00900 |
| Property Located Between: |
Glass Street and Wilder Street |
| Airports: |
Chattanooga Airport |
| Site Description: |
Mostly level lot surrounding the building, gentle slope up to adjoining lot. Property is mostly cleared. |
| Area Description: |
Redevelopment area in the opportunity zone, where incentives exist for new business owners. This area may be eligible for historic tax credits. Buyer to verify any and all zoning, development incentives, and applicable tax programs. Information listed here deemed to be reliable but not guaranteed. |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
15 |
| Typical SF / Floor: |
2,400 SF |
| Property Condition: |
Fair |
| Year Built: |
1950 |
| Roof Type: |
Hip |
| Construction/Siding: |
Brick, Concrete |
| Exterior Description: |
Historic brick building, garage door that opens to Fairleigh. Gated yard. Freshly painted exterior. |
| Parking Type: |
Surface |
| Parking Description: |
gravel parking area |
| Legal Description: |
Pt Lts 47&48 Blk 15 Blk 3-15&14 Gla Ss Farm Pb 2 Pg 20 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,591 |
55,084 |
150,354 |
| Median Age: |
33.31 |
35.7 |
37.25 |
| Households: |
2,581 |
21,834 |
63,935 |
|
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