Downtown Class B Office Space - 10,535SF

Office for Sale
Catylist Listing ID: 30775479
Property Subtypes: Business Park, Office Building
Building Size (RSF): 10,535 SF
Gross Land Area: 27,007 SF
Sale Price: $2,390,000
Unit Price: $226.86 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Transition House
Class of Space: Class B
Usable Size (USF): 10,535 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/23/2021

Overview / Comments

Fantastic location, Building consists of 3 suites. Upper suite has approx 3500sf with a kitchen, 3 bathrooms, reception area, and 8 offices. Center suite currently rented at $5000/mo is approx 2035sf finished class B office space with 6 offices, bathroom, reception area. has Lower 5000sf suite is white box ready. Fantastic location 3 minutes from Erlanger and surrounding hospitals and 5 minutes to downtown Chattanooga. High traffic area with great visibility.
New TPO roof, 2 new 5 ton HVAC units, and fresh paint outside.
*Tenant can vacant by 1/31/22.

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: 146h Q 010
Tax ID/APN: 033146H Q 01000
Zoning: C-1
Property Visibility: Excellent
Highway Access: I-24 and I-27
Airports: CHA
Site Description: b10535sf brick building, surface paved parking, corner lot.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 10,535 SF
Year Built: 1952
Year Renovated: 2017
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: brick building
Parking Type: Surface
Total Parking Spaces: 24
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, Gigabit, Fiber Optic
Lot Frontage: 150
Lot Depth: 180
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Utilities
Legal Description: Lts 63,64,65 Park Place Addn Pb1 Pg 2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,253 65,594 134,134
Median Age: 29.25 34.4 36.66
Households: 4,268 26,382 55,557

Contact

Photograph of Listing Agent

Michael Kelly

Scenic South Properties, LLC Greater Chattanooga REALTORS® Member
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