Office Building Just Off of Ringgold Rd

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30726310
Property Subtypes: Mixed Use, Office Building
Status: Pending/Contingent
Building Size (RSF): 1,936 SF
Gross Building Area: See Agent
Gross Land Area: 0.26 Acres
Sale Price: $200,000
Unit Price: $103.31 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 7/9/2021

Overview / Comments

Welcome to 1502 Tombras Ave, a well-maintained home with incredible potential as an office or business location. Currently zoned C-2, but grandfathered in as R-1, this property would make an excellent location for small independent businesses, service industries, small medical or law practices, or those looking to "live/work" (please see zoning document for more information). It features 3 bedrooms, 2 bathrooms, a spacious living room, a formal dining room, a kitchen and two offices over 1,936 sqft; with a little reconfiguration, the space could instead feature a reception area, a break room, private offices, conference areas, exam rooms, or even storage space. Additionally, the large, level lot offers the option to expand room for parking, or could offer space for other business or storage needs. Over the last few years, major updates to the home have been done by the current owner, including a new roof, new water heater, 2 new HVAC units, new carpet, a new dishwasher, and fresh paint. Situated just off of a stretch of Ringgold Rd where the daily traffic count is near 21,000, and near an abundance of major franchises, grocery stores, restaurants, local businesses, and residential areas alike. If you're searching for a free-standing building in a thriving commercial location to become the new home of your business/practice, look no further. Schedule your private showing today!

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 169G E 043
Zoning: C-2
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1950
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Lot Frontage: 84'
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 0327 08 27 Sw 1/4 Sec 32 Twp 2S R 3

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,409 76,399 152,098
Median Age: 39.76 37.04 37.32
Households: 5,532 31,821 63,243


Photograph of Listing Agent

Grace Frank

Chattanooga Real Estate Group Greater Chattanooga REALTORS® Member
Photograph of Listing Agent

Nate B Durham

Chattanooga Real Estate Group Greater Chattanooga REALTORS® Member
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