Small Office Building

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30451262
Property Subtypes: Office Building
Status: Pending/Contingent
Building Size (RSF): 480 SF
Gross Land Area: 12,632 SF
Sale Price: $95,000
Unit Price: $197.92 PSF
Property Use Type: Business
Building Name: Meadows Pallets
Class of Space: Class C
Usable Size (USF): 480 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2021

Overview / Comments

Property is owner occupied but office space is not being used. Repairs are required for use of the building. Current business operations only mandates use of the lot. It previously operated as a car lot and now operating as a distributor of wooden pads.

Bill board signage is leased.

Has excellent traffic visibility.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton
Tax ID/APN: 033156I F 02400
Zoning: M-1
Property Located Between: Rossville and 23rd Street
Highway Access: I/24 and Hwy 27
Airports: Lovel Field approx 3 miles from building
Site Description: Small building and small concrete parking lot, daily heavy traffic, and located in a heavy mixed use business area.
Area Description: Various types of businesses are located in any direction to property.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1953
Construction/Siding: Block
Exterior Description: 1-Level Block Building
Parking Type: Surface
Parking Description: Paved Lot
Sprinklers: None
Heat Type: Other
Heat Source: Other
Air Conditioning: Other
Interior Description: Painted Concrete Block Walls
Zoning Description: M-1
Lot Frontage: 100
Lot Depth: 128
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Seller Owned
Legal Description: Pt Lts 265&266 Blk 21 Central Park Land Co Pb 6 Pg 35

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,666 70,018 140,001
Median Age: 30.11 35.14 37
Households: 3,719 27,672 57,387

Contact

Photograph of Listing Agent

Lora M Dawson

Crye-Leike, REALTORS Greater Chattanooga REALTORS® Member
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