Office/Warehouse/Distribution/Industrial Buildings
in Chattanooga, TN
1218 E. 23rd Street
Chattanooga, TN
Tuesday, July 19th, 2011 - 12:00 Noon
Inspection: By Appointment Only
SPECIAL FINANCING OFFERED BY COMMERCIAL BANK!!
4.5% Fixed Interest Rate for 5
Years
20 Year Amortization
Terms Subject to Qualified Buyers
Contact:
Dean
LaRue
(865)759-2245
(3) Buildings Totaling Approximately 17,874 Square Feet
Property is bordered by E. 23rd Street, Holtzclaw Avenue
& Gifford Street.
Completely fenced in with approximately 1.94 acres.
Original 2-Story office building – Built in 1900
Office Building is approximately 5,124 SF and includes (2) half
baths and (1) full bath
Retail/Reception Building is adjacent to Office Building and totals
approximately 2,237 SF
Warehouse building totals approximately 8,813 SF.
Enclosed portion of Warehouse has (1) 12’ roll up door
“Shop” space is located at the rear of the Warehouse and includes an
office area, break room, full bath and open bay with (4) 12’ roll up
doors
Additional bay with (2) 12’ roll up doors is located in the back of
the building
Remaining property is gravel and offers ample space for general
parking, storage of vehicles or additional improvements.
Utilities Available:
Electricity / Water / Sewer
Zoning:
M-1 – Industrial District
Estimated Real Estate Taxes:
Approximate Annual Hamilton County Taxes: $4,357.96
Approximate Annual Chattanooga City Taxes: $3,638.98 TOTAL ANNUAL REAL ESTATE TAXES: $7,996.94
Taxes
to be pro-rated at closing
Directions: In
Chattanooga, traveling west on I-24, take Exit 180A to merge onto
Rossville Boulevard and travel 6/10 mile. Take a sharp RIGHT onto E. 23rd
Street and travel 4/10 mile to property on RIGHT
Terms:
10% Buyer's Premium - Successful bidders will deposit 10% of the
purchase price (including Buyer's Premium) and is due today in the form
of cash, cashier's check, personal or company check plus a real estate
sales contract must be signed. Balance is due in certified funds at
closing.
CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE. NO EXTENSIONS
AVAILABLE.
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**All Square Footage and
Acreage amounts are believed to accurate but not guaranteed.
All information was obtained from appraisals and local courthouse
records.**
