Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30282150
Property Subtypes: Governmental, Medical, Mixed Use, Flex Space, Office Building, Research & Development, Other
Building Size (RSF): 2,560 SF
Gross Building Area: See Agent
Gross Land Area: 0.35 Acres
Sale Price: $289,000
Unit Price: $112.89 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/5/2018

Overview / Comments

Commercial MULTI USE/PURPOSE Office, Retail, Medical, or Storage building on a corner lot NOW available with a new list price @ $299,000. Ready for a new business & owner to move in and open up or rent out. Great investment opportunity. The new owner's will have many options for this large 2500+/- RSF commercial building in a prime area behind Walgreens. The building consist of a reception, waiting or patient area upon entering the front double doors of the building with a passthrough window, security door access to the back area and an alarm system. The building has 6 individual offices, 3 bathrooms, Library/Conference room, Kitchenette/Break room, with both front and rear entry/exit access. The parking lot surrounds the building on the front and rear along with side to accommodate employees, clients, customers and/or patients.. Parking lot access from both E 48th St & 12th Ave. Located right past the GA/TN state line behind Walgreens off Rossville Blvd & Dodds Ave. Close to everything local. Only minutes from i24 for easy access to downtown Chattanooga, airport, Gunbarrel Rd, i75, shopping & dining. The sellers also own the house located behind the commercial building at the corner of E 47th St & 12th Ave (2900 E. 47th St). Built in 1930 and has 1100 +/- SQFT on a corner lot. Could be a rehab investment project to rent, flip, used for storage or employee housing. This house is currently being used for storage and has no power. The house has no warranties and would be sold "as is where is'. This property could be purchased with the commercial office building for a bundle purchase package deal. Listing agent can coordinate showings per request.
Bring your BEST offer today so your business can be open and ready for Q4 2018.

Current Tenants

Tenant Business Name Robert A. Wharton Jr Attorney At Law
Website URL
Industry Type Professional/Scientific/Technical Services
Is Renting? Yes

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 168O A 006
Property Located Between: Rossville Blvd & Dodds Rd behind Walgreens
Property Visibility: Good
Airports: 15 Minutes (9 miles) to the Chattanooga Airport
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,500 SF
Year Built: 1987
Roof Type: Flat
Parking Type: Surface
Parking Description: Parking in front and rear of building.
Total Parking Spaces: 15
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Internet Access: Gigabit
Interior Description: Currently set up as lawyers office with waiting room, multiple offices, library, 3 bathrooms, supply storage room and kitchen
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lts 7&8 Blk 3 East End Land Co Addn No 4 Pb5 Pg43

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,256 65,371 132,788
Median Age: 32.01 36.37 37.63
Households: 1,490 26,511 54,165


Photograph of Listing Agent

Erik Palmer

Crye-Leike, REALTORS Greater Chattanooga REALTORS® Member
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