Catylist ID: #30752714
30,731sf Class A Office | Downtown | 1.7 Acres on Broad Street
Office for Sale
|Catylist Listing ID:||30752714|
|Property Subtypes:||Executive Suites, Governmental, Mixed Use, Flex Space, Office Building, Research & Development|
|Building Size (RSF):||30,731 SF|
|Gross Land Area:||1.70 Acres|
|Unit Price:||$0 PSF|
|In Opportunity Zone?||Yes|
|Property Use Type:||Vacant/Owner-User|
|Class of Space:||Class A|
|Usable Size (USF):||30,731 SF|
|Sale Terms:||Cash to Seller|
|Average Occupancy Rate:||100|
Overview / Comments
For Sale | 30,731sf Class A Office | Downtown | 1.7 Acres on Broad Street
Premier property is currently occupied by TVPPA (Seller). Seller will vacate. There are four street addresses and 4 parcels that make up the property: 1206, 1210, 1216 and 1220 Broad Street. There is 30,731 SF of total developed space and 1.7 acres. This location is directly across the street from the Chattanoogan Hotel.
The well-designed 1206 office building contains 16,680 SF of Class A office space. There are large and small conference rooms, private offices, executive offices, cubicle partition spaces, breakroom, storage rooms and attractive lobby. See floor plans and the pictures attached.
The adjacent 1210 building contains 14,051 SF of which about 2,500 SF is well built out Class A offices. The remainder 11,551 SF is warehouse/flex space that includes 1 large roll up door. The ceilings in the warehouse portion are about 14 foot clear. The roof is only 2 years old - TPO type roof.
1216 and 1220 contain two parcels that make up the striped parking lot. There are approximately 101 parking spaces. The parking lot is in excellent shape having been well maintained. The parking lot constitutes 0.7 acres and the 4 parcels equal about 1.7 acres in total.
The location lends itself well to redevelopment to a hotel site, multi-level office building, large retail site and a campus type plan. Zoning allows for a 6-story building.
If you are looking for a superior property within the urban core, this is a must-see. Within walking distance is the Chattanooga Choo Choo and many restaurants and boutique hotels, the TVA headquarters building, Chattanooga Convention Center, Warehouse Row, The Edney Building and many other business and tourist related properties. Directly across the street is the Chattanoogan Hotel.
Attachments & Media
|Taxing Authority:||Hamilton County/Chattanooga City|
|Tax ID/APN:||033145E M 00501|
|Zoning:||U-SH-6, 6-STORY STORY SHOPFRONT MIXED USE|
|Property Located Between:||Broad and W 13th Street|
|Highway Access:||Easy access to I-24 and 127 via MLK Blvd or via South Broad St.|
|Site Description:||The site is level and at street grade. It is directly across the street from the Chattanoogan Hotel.|
|Area Description:||Located within the downtown urban core, cose to Chattanoogan Hotel, TVA, Chattanooga Choo Choo and Marriott Chattanooga Convention Center.|
|Total Number of Buildings:||2|
|Number of Stories:||1|
|Typical SF / Floor:||30,731 SF|
|Exterior Description:||Very attractive masonry|
|Parking Ratio:||3.4 (per 1000 SF)|
|Parking Description:||Has a striped and number parking lot. About 101 spaces.|
|Total Parking Spaces:||101|
|Heat Type:||Natural Gas|
|Heat Source:||Central, Ceiling Units|
|Air Conditioning:||Package Unit|
|Interior Description:||See floor plans|
|Zoning Description:||See form code based rules-City of Chattanooga. U-SH-6, Allows 6 story/75 foot tall building. Shopfront Mixed Use Zone. Setbacks are 10' from main and side streets. No set back on rear line.|
|Easements:||Pipelines, Electric Lines, Ingress/Egress, Water Rights, Utilities|
|Land Ownership:||Owned - 4 Parcels 1206, 1210, 1216 & 1220 Broad St.|
|Proximity:||1 mile||3 miles||5 miles|
Robert FisherKW Commercial Greater Chattanooga REALTORS® Member
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