2450 Riverside Drive - Warehouse FOR SALE


Chattanooga, TN 37406- Amnicola-East Chattanooga
$3,700,000 USD
423-284-3233
2450 Riverside Drive, Chattanooga, TN for Sale
$3,700,000 USD
Warehouse - FOR SALE
1/57
null | 9.48% Cap Rate

2450 Riverside Drive
Chattanooga, TN 37406
Amnicola-East Chattanooga


HIGHLIGHTS

  • 13,000 SF industrial facility, equipment, and real estate
  • 3-phase power, 240V with ability to go to 480V
  • Located in Chattanooga, TN with convenient access to major highways and regional manufacturing corridors

OVERVIEW

Rare opportunity to acquire an established Chattanooga metal finishing business, real estate, and equipment package. Operating for over 68 years, this ISO-certified business specializes in precision barrel finishing, vibratory finishing, deburring, polishing, cleaning, drying, steel shot blasting, and surface preparation for industrial and manufacturing clients. The sale includes the business, approximately 13,000 SF industrial facility, equipment, and real estate. The operation serves industries including automotive, tool manufacturing, and machined parts production, with gross revenue over $2.5M. Facility features 3-phase power, 240V with ability to go to 480V, and a substantial equipment package including: 48x48 blast cabinet, 2x 3 cubic foot automated air blast systems, 6.5 cubic foot steel shot jet blast, 20 cubic foot burnisher, 10 cubic foot finisher, 7 cubic foot finisher, 4 cubic foot dryer, 2x 50 cubic foot bowls, 40 cubic foot bowl, 2x 20 cubic foot dryers, 15 cubic foot dryer, 3x 8 cubic foot tumbling barrels, 2024 Bobcat G20 with 4,000 lb lift capacity, and 2023 Doosan 15 with 3,000 lb lift capacity. Finishing capabilities include steel shot, ceramic media cutting, steel polishing, corn drying and polishing, and soap/water chemical processing. Located in Chattanooga, TN with convenient access to major highways and regional manufacturing corridors. Offering price: $3,700,000. Financials and additional business information available to qualified buyers.

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$265 USD /SF

CAP RATE

9.48%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2450 Riverside Drive

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

1.33

LAND SF

57,935

ZONING

M1

APN/PARCEL ID

136C-F-002

ASK ABOUT THIS PROPERTY

Shawn MatthewsColdwell Banker Kinard RealtyMore Info
423-284-3233

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Shawn MatthewsColdwell Banker Kinard RealtyMore Info
423-284-3233

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