Building & Business, Will Separate
Industrial
for Sale
Also listed as Business Opportunity
| Catylist Listing ID: |
30531728 |
| Property Subtypes: |
Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Research & Development, Self Storage, Warehouse/Distribution, Other
|
| Building Size (RSF): |
15,335 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$1,693,000 |
| Unit Price: |
$110.40 PSF |
| Docks/Doors: |
5 Doors |
| Office SF: |
1,500 SF |
| Drive In Bays: |
5 Bays |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Building Name: |
Ortmeier Machinery Co., Inc. |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
11/7/2020 |
Overview / Comments
Within sight of I-24 and Sculpture Fields at Montague Park. Great Industrial Building with parking and fenced yard. Real Estate and business may be purchased separately with acceptable offer. Ingress/Egress, 2 Streets, Traffic Light. Turn-key Machinery, Welding & Repair Business available for the first time in 114 years. Located less than 5 minutes from I-24, the M-1 site is over an acre with ingress-egress on E. 23rd St., and S. Holtzclaw Ave.. 15,335 sq ft in two buildings under roof, 5 overhead doors, three-phase power total of 6 bathrooms, upstairs office/storage/work/live; raised office platform, machine and welding shop and exterior loading dock. Fully operating business includes the business, machinery, tools, materials, vehicles, equipment along with real estate. Equipment is well maintained, operable, used on a daily basis and includes some speciality pieces. Contact Agent for additional information on business or real estate. Shown by Appointment Only
|
Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Hamilton |
| Taxing Authority: |
City of Chattanooga Hamilton County TN |
| Tax ID/APN: |
033156H B 00601 |
| Zoning: |
M-1 |
| Property Located Between: |
I-24 and East Main St., Holtzclaw and 4th Avenues |
| Highway Access: |
Less than 3 minutes off I-24 |
| Airports: |
Lovell Field, Chattanooga, TN |
| Site Description: |
Building sits on over an acres level lot with plenty of parking and loading, off-loading areas, exterior loading dock and bay access. The business is less than 3 minutes off I-24, high visibile and easily accessible from E. 23rd St., and S. Holtzclaw St. |
| Total Number of Buildings: |
2 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
15,336 SF |
| Property Condition: |
Good |
| Roof Type: |
Flat |
| Construction/Siding: |
Block |
| Parking Type: |
Surface |
| Parking Description: |
Parking at the front and side of the main building with an adjoining vacant gravel lot for over flow or truck parking. |
| X-Phase: |
3 |
| Heat Type: |
Space Heaters, Suspended Radiant Heaters |
| Air Conditioning: |
Window Unit |
| Lighting: |
Fluorescent, Incandescent |
| Zoning Description: |
M-1 |
| Lot Frontage: |
164' |
| Lot Depth: |
254 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
8,370 |
68,573 |
141,629 |
| Median Age: |
28.52 |
34.97 |
36.88 |
| Households: |
2,877 |
27,337 |
58,294 |
|
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Neither Greater Chattanooga REALTORS® nor
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