10,000 Sft of open space close to Interstate I-75

Special Purpose for Sale
Catylist Listing ID: 30370428
Property Subtypes: Assembly/Meeting Place, Sports/Entertainment
Building Size (RSF): 10,000 SF
Gross Building Area: See Agent
Gross Land Area: 156.18 - 398.05 SF
Sale Price: $1,150,000
Property Use Type: Vacant/Owner-User
Usable Size (USF): 10,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/22/2019

Overview / Comments

This prime property which used to be a gym is available for any similar kind and/or Church, ware house sports related, Banking or Hospitality industry. Situated in the neighborhood of highend hotels and offices. Property has excellent visibility and a sign pole with two (2) signs is already in place on the main entrance so no special permit will be required.
This property has very high ceilings which makes it suitable for gym/sports industry. Has bathrooms with showers and a steam room (not working). All the plumbing and the electrical was changed in 2018 along with 2 new gas water heaters and a couple of HVAC units. Building will take minimal modifications for gym or other related industries.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: HAMILTON county and City of Chattanooga
Tax ID/APN: 148D E 001.02
Property Located Between: Shallowford Rd and Lee Hwy
Property Visibility: Excellent
Largest Nearby Street: Shallowford Rd and Lee
Highway Access: From I-75 Take north on Shallowford Rd at the intersection of Lee Hwy take right. Property is on the left.
Airports: CHATTANOOGA Metro
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1993
Construction/Siding: Metal Siding
Parking Ratio: 8.5 (per 1000 SF)
Parking Type: Surface
Parking Description: Asphalt parking
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central, Heat Pump
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,599 41,514 117,340
Median Age: 43.83 39.82 40.01
Households: 2,701 18,086 48,746


Photograph of Listing Agent

Gurdeep K Madan

RE/MAX Renaissance Realtors Greater Chattanooga REALTORS® Member
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