Office Building For Sale in Fort Oglethorpe

Office for Sale
Sale Pending
Catylist Listing ID: 30151375
Property Subtypes: Medical, Mixed Use, Office Building, Other
Status: Pending
Building Size (RSF): 6,500 SF
Gross Building Area: See Agent
Gross Land Area: 0.40 Acres
Sale Price: $155,000
Unit Price: $23.85 PSF
Property Use Type: Investment
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/9/2018

Overview / Comments

Stand alone office building, partially updated! Current anchor tenant is State Farm.
In 2012, the suites located in the middle were updated with new electrical wiring, plumbing, some new double-pane windows/doors were added as well as handicap accessible restrooms, and sheet-rock.
The suite in the front, and the suite in the back need to be updated.

Uses include medical space for outpatient care or walk in clinic, free-standing retail store or other office. Building has ample parking spaces on the side and in the rear of the building. LaFayette Rd traffic count is 10,620 vehicles per day.

This building is situated on its own block. With access from 4 roads; Lafayette Road, Thomas Road, W Forest Ave, and 1st Street.

Additional Details

Nearest MSA: Chattanooga
County: Catoosa
Taxing Authority: Catoosa County
Tax ID/APN: 0003F-022
Market Type: Small
Property Located Between: W Forest Road and Thomas Road
Road Type: Paved, 2-Track
Property Visibility: Good
Highway Access: I-75 , I-24
Area Description: From I-75 South: Take exit 353 toward Fort Oglethorpe. Left on Lafayette Road. Property is on the right on Thomas Road just past Sears Shoe Store
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1950
Year Renovated: 2012
Roof Type: Flat
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Fire Retardant Walls in place.
Zoning Description: Commercial

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,171 41,087 104,169
Median Age: 36.15 39.49 38.22
Households: 2,090 17,071 42,721


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