26 Unit Office Building For Sale - Right Off Ringgold Road

Office for Sale
Catylist Listing ID: 30268527
Property Subtypes: Business Park, Executive Suites, Governmental, Office Building
Building Size (RSF): 7,472 SF
Gross Building Area: See Agent
Gross Land Area: 22,500 SF
Sale Price: $495,000
Unit Price: $66.25 PSF
Property Use Type: Investment, Business
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/7/2018

Overview / Comments

Twenty-six unit office building for sale. Conveniently located off Ringgold Road in the heart of East Ridge.

Six ground level units have storefront access and the upper level units have interior corridor access. The interior is partitioned with wood joists that are covered in drywall. The floors on the upper level are carpet and pad with some ceramic tile. Exterior walls include brick veneer on block along the front base level wall with concrete block on the side and rear base walls and vinyl siding on frame for the upper level.

The structure has a gable roof system that is covered in standing seam metal panels. The upper level windows, vinyl siding and roof were replaced by Hulco in 2003.

Lower level units are individually metered for electricity and the upper units on one meter.

Six of the upper level units are connected and could function as a live-work space.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 169L J 005
Zoning: C-2
Property Visibility: Good
Highway Access: I-75
Airports: Chattanooga Metropolitan Airport
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1980
Roof Type: Gable
Construction/Siding: Brick/Vinyl Siding
Zoning Description: C-2
Lot Frontage: 150
Lot Depth: 150
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,367 64,937 148,698
Median Age: 41.02 38.86 38.33
Households: 2,775 28,418 61,415

Contact

Photograph of Listing Agent

Lisa A Brown

Keller Williams Realty Greater Chattanooga REALTORS® Member
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