3H HQ- 505 Riverfront Parkway

Office for Sale
Sale Pending
Catylist Listing ID: 30765238
Property Subtypes: Office Building
Status: Pending
Building Size (RSF): 23,000 SF
Sale Price: $6,200,000
Unit Price: $269.57 PSF
Ceiling: 10 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/21/2021

Overview / Comments

Incredible office building along Riverfront Parkway. The building is located on the Tennessee River and easily accessible by I-24 and Highway 27. In the rear of the space sits the beautiful Riverwalk running from the base of Lookout Mountain to the Chickamauga dam. The building is currently home to one of Chattanooga's prominent real estate developers, 3H Group.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033135N A 00101
Zoning: C-3
Property Located Between: Riverfront and West End
Property Visibility: Excellent
Highway Access: Easy Access to both Highway 27 and I-24.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1974
Parking Type: Surface
Parking Description: Ample parking. The entire lot contains 95 surface spaces with 6 handicap spaces. The current tenants only use 6-8 spaces.
Total Parking Spaces: 95
Interior Description: Open layout in the front space with 4 private offices and two conference rooms. The rear space contains 5 private offices with a conference and communications room. There is a shared break room and restrooms.
Lot Frontage: 505
Lot Depth: 313

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,646 38,647 119,575
Median Age: 39.29 34.12 36.81
Households: 2,910 15,577 49,775

Contact

Photograph of Listing Agent

Robert Maclellan

NAI Charter Real Estate Corp. Greater Chattanooga REALTORS® Member
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