1601 Holtzclaw Ave Chattanooga, TN 37404
- Warehouses
- 16,200 SF
- 1.00 lot acres
Current Use by Public Records
- Warehouses
Property Details for 1601 Holtzclaw Ave
- Year built
- 1948
- Lot size
- 1.00 lot acres
- Property size
- 16,200 SF
- Zone code
- M1
- Property type
- Warehouses
- APN
- 156A D 003 C009
- APU
- 156AD003C009
Description
This exceptional 90,000 square foot office building, located at 1601 S Holtzclaw Ave in Chattanooga, Tennessee, presents a unique investment opportunity. Built in 1948 and extensively renovated in 2019, this Class B property offers a variety of spaces, ranging from 1,212 to 23,940 contiguous square feet, with a total of 57,330 square feet currently vacant. The single-story building sits on a 6.75-acre lot and features 173 parking spaces, providing ample convenience for tenants and visitors. The property is zoned UGC and is ideally situated within Hamilton County (zip code 37404), offering excellent highway access and proximity to the vibrant Southside neighborhood, Sculpture Fields park, and a burgeoning arts and culinary district. The building's adaptable spaces cater to various needs, including medical, creative, and traditional office uses. Potential tenants will benefit from exterior windows, storefront doors, and a loading dock. The landlord offers flexibility on tenant improvements, with pricing based on a "cold vanilla box" delivery, and NNN costs are estimated at approximately $5.35 per square foot. On-site amenities will include a courtyard and a fitness center. This property is part of a historic textile mill reuse project, already home to established businesses such as Clearstory Arts Studios, Austin Hatcher Foundation, and the Public Education Foundation, ensuring a strong daytime population.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.29
- Latitude
- 35.0274
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA