2,400 SF Building in the Opportunity Zone

Industrial for Sale
Catylist Listing ID: 30463441
Property Subtypes: Free-Standing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 2,400 SF
Gross Building Area: See Agent
Sale Price: $169,000
Unit Price: $70.42 PSF
Office SF: 600 SF
Drive In Bays: 2 Bays
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/29/2019

Overview / Comments

This is 2,400 SF industrial building with drive in/out capability and is very versatile to accommodate various contractor or supplier uses. It is conveniently located in the Opportunity Zone between Rossville Boulevard and McFarland Avenue, just South of the Tennessee/Georgia border. Built in 1997, the building is constructed of concrete block and is in very good condition. EPB fiber optics is already installed and will only require a phone call to activate. The warehouse has two 10'x10' roll-up doors and 14 ft ceilings. It currently contains 1 bathroom, but there is plumbing for an additional bathroom in the back work area. There is a small kitchen. A rear area for storage that fronts Rowland Avenue gives the property two access points. Great off road parking for 5 in the front and more in the rear.

Additional Details

Nearest MSA: Chattanooga
County: Walker
Tax ID/APN: 2002 063
Zoning: C-1
Property Located Between: West Lake Avenue and Rowland Avenue
Highway Access: Less than 5 minute drive to I-24
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,400 SF
Property Condition: Good
Year Built: 1997
Roof Type: Arched
Construction/Siding: Block
Parking Type: Surface
Heat Type: Suspended Radiant Heaters
Lighting: Fluorescent
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,482 56,836 124,897
Median Age: 34.51 36.64 37.37
Households: 2,079 23,021 50,724

Contact

Photograph of Listing Agent

Joe M Pleva

KW Commercial Greater Chattanooga REALTORS® Member
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