Detailed information about industrial property which situated in Chattanooga (37409) city, Tennessee state on 3800 St Elmo Avenue.
The area has a combination commercial, industrial and residential uses. Chattem Chemicals has a plant next door and Bi Lo has a major grocery store nearby. The Lookout Mtn incline, associated tourists attractions and restaurants are 2 blocks away.
Additional Information: This great building is located at the foot of Lookout Mtn in the St Elmo tourist and art district. It is a 3 story, 100 year old building built out of oak timbers 14 inch square. It is very solidly built. The building has a combination of 113 self-storage rental units and 14,713 square feet of rental office space. It has about a 50/50 split between self-storage and office tenants. Overall, it is currently about 88.4% occupied. The offices are currently 100% occupied but the Seller uses some of the office space for another business with no rent paid. Each floor has 12,273 SF. The current income is up to $195,000 annually. Income has increased $30,000 from a year ago. The property includes a fenced, paved parking lot with 21 spaces. Their is a loading dock for the self-storage tenants to use. There are 24 climate controlled spaces out of the 113 total spaces. The property has one freight elevator. Contact the list agent to receive P&L, tenant mix and occupancy reports. This can be an excellent investment opportunity.
Property Address: 3800 St Elmo Avenue, Chattanooga TN 37409
Cost: $799,000NOTE: Please contact with Robert Fisher if you want to get more accurate details about pricing and availability of industrial property For sale.
industrial property details
All information about industrial property For sale that located on 3800 St Elmo Avenue, Chattanooga, TN 37409 was obtained from reliable sources, but we cannot guarantee that all data about pricing, details of the building and property was completed without error or has not been changed without notice or withdrawal without notice. If you want to get complete and actual information, please contact with agents.
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