Chattanooga, TN Light Industrial Bldg. w/ 2.9 acres

Industrial for Sale
Catylist Listing ID: 30515291
Property Subtypes: Flex Space, Free-Standing, Light Industrial
Building Size (RSF): 4,724 SF
Gross Land Area: 2.90 Acres
Sale Price: $449,000
Unit Price: $95.05 PSF
Drive In Bays: 4 Bays
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 11/18/2019

Overview / Comments

This property features a well maintained block building currently being used as an automotive repair shop. The building has 4 drive-in bays and finished-conditioned office space. The office space area of the building features 5 total offices, a kitchen, and full bathroom and a 1/2 bathroom.

This is a M-1 zoned property and the allowed uses can be found at this link: https://library.municode.com/tn/chattanooga/codes/code_of_ordinances?nodeId=CH38ZO_ARTVZORE_DIV19MAZO

The property listing firm contact information is:

Premier Property Group, Inc.
Ken Armstrong or Allen Carroll
6148 Lee Hwy., ste. 333
Chattanooga, TN 37421
423.402.0259 (o)
865.310.4092 (m) : Ken
423.394.1568 (m) : Allen

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033128E B 00200
Zoning: M-1 : HTTPS://LIBRARY.MUNICODE.COM/TN/CHATTANOOGA/CODES/CODE_OF_ORDINANCES?NODEID=CH38ZO_ARTVZORE_DIV19MAZO
Highway Access: Highway 153
Airports: Chattanooga
Tenancy: Single Tenant
Total Number of Buildings: 1
Property Condition: Good
Year Built: 1986
Construction/Siding: Block
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,816 41,020 129,780
Median Age: 43.59 39.18 38.12
Households: 1,731 17,442 54,261

Contact

Photograph of Listing Agent

Ken Armstrong CCIM

Premier Property Group Inc. KAAR CIE Member
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