Office Lee Parkway

Office for Sale
Catylist Listing ID: 30211541
Property Subtypes: Business Park
Building Size (RSF): 8,610 SF
Gross Land Area: 0.97 SF
Sale Price: $649,900
Unit Price: $75.48 PSF
Ceiling: 10 ft.
Property Use Type: Vacant/Owner-User
Building Name: Stonewall Buildings
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/6/2018

Overview / Comments

There are 2 buildings on this property. Structures have lots of character. Front building is in shell condition. Back building is newly built out for retail use.
Owner occupies 4,760 sq ft; all of the back building. It would be available at the end of June for occupancy by Purchaser. Both buildings were roofed in 2015.
Back building has 3-5 ton hvac units. There is parking on both sides of the buildings. The lot is level. This property is located in very convenient location right off Shallowford Rd. at Lee Hwy.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033148D E 00402P000
Property Located Between: Shallowford Rd and McCutcheon Rd
Property Visibility: Excellent
Highway Access: This property can be seen from the intersection of Lee Hwy and Shallowford Rd
Airports: Chattanooga Metro
Site Description: Level
Area Description: Located right off Shallowford Rd. Close to Hamilton Place area
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 8,610 SF
Year Built: 1968
Year Renovated: 2015
Roof Type: Gable
Construction/Siding: Other
Exterior Description: slate shingles and stone exterior
Parking Type: Surface
Parking Description: Parking lot on each side of the building
Total Parking Spaces: 40
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Internet Access: Cable
Interior Description: building 2 is nicely finished with 10 ft ceilings mostly open space, marble entry, 2 restrooms, 2X2 lay in ceiling, LED lighting
Zoning Description: C
Lot Frontage: 200
Lot Depth: 211.5
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities, Other
Easements Description: parking agreement with northside adjoining property
Land Ownership: fee simpe
Legal Description: Lee Parkway S/D, Lt 2-D Resub of Lee Parkway 31-72

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,923 40,116 117,103
Median Age: 42.59 39.86 39.98
Households: 2,991 17,506 48,873


Photograph of Listing Agent

Linda C Spencer

Anchor Trust, Inc. Greater Chattanooga REALTORS® Member
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