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3800 St Elmo Avenue, Chattanooga, TN 37409

Commercial property for sale

  • Description
  • 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. Building price details: $799,000.
  • Property Details
  • Building Name: St Elmo Storage
    Property Type: Industrial
    Use Types: Office Showroom, Self Storage
    Status: Available
    Price: $ 22 +/SF
    Number of Stories: 3
    Year Built: 1908
    Year Renovated: 1972
    MSA: Chattanooga
    Zoning: C2-Commercial
    Buildings: 1
    Broadband Internet: Cable, DSL
    Terms: Cash to Seller
    Added: 12/23/2011
    Last Update: 08/23/2012
  • Exterior Features
  • Parking: Yes
    Parking Spaces: 21
    Parking Type: Surface
  • Contact info
  • 423-664-1550 [Office]
  • Note

  • Details Info about this row that located on 3800 St Elmo Avenue, Chattanooga, TN 37409 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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