2305 E 28th St - Industrial FOR SALE


Chattanooga, TN 37407- Ridgedale-Oak Grove-Clifton Hills
$1,200,000 USD
423-322-4445
2305 E 28th St, Chattanooga, TN for Sale
$1,200,000 USD
Industrial - FOR SALE
1/13
null | Request Cap Rate


HIGHLIGHTS

  • Excellent access to I-24 and Downtown Chattanooga
  • Heavy Industrial (I-H) zoning with flexible industrial use potential
  • Owner/user or value-add investment opportunity

OVERVIEW

Investment or Owner/User Opportunity – Industrial Warehouse Near Downtown Chattanooga Located just minutes from Downtown Chattanooga with convenient access to I-24, this masonry industrial building offers an excellent opportunity for an owner/user or investor seeking functional warehouse space in an established industrial corridor. Originally constructed in approximately 1949, the building features classic barrel truss construction, masonry exterior walls, and a functional warehouse layout. The warehouse provides approximately 12 feet of clear height to the bottom of the trusses, with approximately 17 feet of height to the roof deck at the peak. The building is well suited for warehouse, light manufacturing, fabrication, distribution, or service-related industrial uses. The property is currently occupied by two month-to-month tenants, providing immediate income while offering flexibility for a future owner to occupy all or a portion of the building. With its central location, functional industrial improvements, flexible occupancy, and close proximity to Downtown Chattanooga and I-24, this property is well positioned for its next owner. Showing Instructions: All showings must be coordinated through the listing agent. Please do not enter the property without prior authorization. The building is occupied by operating businesses, and unauthorized access may disrupt tenant operations.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$63 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

undefined, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

UTILITIES

-

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75

LAND SF

32,844

ZONING

M1

APN/PARCEL ID

156J-G-044

ASK ABOUT THIS PROPERTY

Scott WilliamsonFletcher Bright CommercialMore Info
423-322-4445

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Scott WilliamsonFletcher Bright CommercialMore Info
423-322-4445

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.