Upscale Modern Southside Office Condo

Office for Sale
Sale Pending
Catylist Listing ID: 30340701
Property Subtypes: High-Tech, Mixed Use, Other
Status: Pending
Condo? Yes
Building Size (RSF): 5,200 SF
Gross Building Area: See Agent
Sale Price: $1,275,000
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: The Crabtree
Class of Space: Class A
Sale Terms: Cash to Seller
Last Updated: 12/5/2018

Overview / Comments

Built in the 1900, the Crabtree offers classic architectural features with terrazzo floors, high ceilings, and large windows providing tons of natural light. Exposed beams and exposed brick contrast contemporary features like glass walls, decorative fixturing, and stylish appliances in a breakroom that features a full kitchen. Offices at the Crabtree offer a mixture of individual offices, shared work space and open spaces. Easily accessible outdoor space is a distinct amenity offered by the Crabtree including a small courtyard and green space at the rear entrance, along with the availability of some on-site parking.

One of the original Southside redevelopment projects, the Crabtree is highly accessible, located in the heart of Chattanooga's Southside Historic District. There are multiple dining options within walking distance, along with entertainment and exercise options. The subject property, Suite 11, includes ground floor commercial office space in a mixed-use development in Chattanooga's Southside.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County, TN
Tax ID/APN: 145L B 023
Is Condo?: Yes
Zoning: U-CX-4
Property Located Between: Main Street and W 14th Street
Property Visibility: Good
Highway Access: 3 minutes (0.6 miles) to I-24
Airports: 17 minutes (12.8 miles) to CHA
Year Built: 1900
Year Renovated: 2017
Construction/Siding: Brick
Parking Type: Surface, Other
Parking Description: Some onsite parking included. Additional parking in adjacent public lot.
Interior Description: Completely renovated in 2017.
Zoning Description: The property is zoned U-CX-4. The Commercial Mixed Use (U-CX) zone is intended to accommodate a variety of residential, retail, service and commercial building forms and uses in a pedestrian-friendly environment. Although buildings are allowed to be exclusively residential or nonresidential in use, the vertical mixing of uses is strongly encouraged.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,159 55,540 126,840
Median Age: 32.31 33.87 36.68
Households: 3,970 21,855 52,528
The information presented herein is provided as is, without warranty of any kind. Neither Greater Chattanooga REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.