Office/Warehouse Zoned M-2

Office for Sale
Sale Pending
Also listed as Industrial
Catylist Listing ID: 30734490
Property Subtypes: Flex Space, Office Building, Other
Status: Pending
Building Size (RSF): 2,990 SF
Gross Building Area: See Agent
Gross Land Area: 0.33 Acres
Sale Price: $435,000
Unit Price: $145.48 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/16/2021

Overview / Comments

Newly renovated office that includes 1,890 Sf warehouse. The warehouse has 3 Phase and drive-in roll up door. The property is located on the corner of Foust Street and South Hickory Street and just 3 minutes to Hwy 24. The property includes a vacant 0.16 acre lot, two buildings (one built in 1920 and the other one built in 1989) that have been connected and were renovated in 2016. The offices are trendy and include vinyl flooring, old brick, new windows, modern paint and tons of natural light. The office space is 1,100 Sf with several offices, a large open office, kitchenette and two bathrooms (one with shower).

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033156I H 01400
Zoning: M-2
Property Located Between: Foust Street and E. 27th Street
Property Visibility: Excellent
Highway Access: Less that 3 minutes to Hwy 24
Airports: Chattanooga Airport
Site Description: Two lots totaling 0.33 acres with a beautifully renovated 2,990 Sf building
Area Description: The neighborhood is a mixture of single family homes and businesses.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1989
Year Renovated: 2016
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Painted brick and block with wood accents
Parking Type: Surface
Parking Description: The parking by the building allows 7 spaces. The adjacent lot will allow for considerably more spaces.
Total Parking Spaces: 12
Zoning Description: M-2 allows light industrial
Lot Frontage: 136
Lot Depth: 105
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,837 76,445 140,007
Median Age: 29.85 35.44 36.92
Households: 4,372 30,444 57,421


Photograph of Listing Agent

Joe M Pleva

KW Commercial Greater Chattanooga REALTORS® Member
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