3.9 Acres of Buildable M-1 w/7200Sf Building

Industrial for Sale
Catylist Listing ID: 30752435
Property Subtypes: Free-Standing, Industrial-Business Park, Office Showroom, Other
Building Size (RSF): 7,200 SF
Gross Building Area: See Agent
Gross Land Area: 3.50 Acres
Sale Price: $2,100,000
Unit Price: $291.67 PSF
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User
Usable Size (USF): 7,200 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/24/2022

Overview / Comments

This Airways Blvd property is in a central location which is ideal for industrial businesses. The property consist of a 3.3 acre lot and an adjacent 7,200Sf building on a 1/2 acre. The building has been remodeled on the first floor and is ready for an office, showroom and could even work for a gym. The upstairs has been demised and is ready for the personal design and finishing features of a new owner. The building has 3-Phase power. The three adjacent acres zoned M-1 are level and can accommodate your new construction needs.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033148J D 00700
Zoning: M-1
Highway Access: Quick access to Hwy 153 which leads to I-75
Site Description: The 7,200Sf building sits on .50 acre lot. The owner has made some great improvements to include LVT flooring, glass wall dividing the space, two bathrooms roughed out and 3-Phase power.
Area Description: The property is located in an industrial park off of Lee Hwy. The area is a mixture of industrial, retail, professional businesses and commercial.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 7,200 SF
Property Condition: Good
Year Built: 1977
Year Renovated: 2020
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Parking Description: The existing building has a large paved parking lot that can accommodate 30 plus cars.
Total Parking Spaces: 30
X-Phase: 3-Phase
Lighting: LED
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,917 53,952 142,794
Median Age: 34.57 39.54 39.35
Households: 2,778 24,321 59,426


Photograph of Listing Agent

Joe M Pleva

KW Commercial Greater Chattanooga REALTORS® Member
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