Historic Downtown Building

Office for Sale
Sale Pending
Catylist Listing ID: 30223987
Property Subtypes: Office Building
Status: Pending
Building Size (RSF): 6,000 SF
Sale Price: $465,000
Unit Price: $77.50 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/20/2018

Overview / Comments

Historic building from the mid-1870s. Now, totally modernized including elevator, yet many historic portions have been preserved including the facade of the upper floors and much of the interior woodwork and doors. Strategically located in the heart of the CBD, two blocks from both federal and county courthouses. The first floor has 4 private offices; the second floor has one or two executive offices plus conference room. Approximately 1,000 SF of basement/storage area.

Lot: 40' x 55': Part of Lot 53, Walnut St. Original plan of Chattanooga.

Third floor is leased.
The first floor is occupied - possession to be determined
The second floor is available now.

Roof was replaced in January 2018. Heat is electric and gas, and each floor is separately metered.

Broker is part owner of the building.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033145D L 01500P000
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 2,000 SF
Roof Type: Flat
Construction/Siding: Brick
Passenger Elevators: 1
Heat Type: Electricity
Lot Frontage: 40
Lot Depth: 55
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,174 51,216 125,888
Median Age: 32.04 33.71 36.58
Households: 3,804 20,507 52,295
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