1010 3rd St Chattanooga, TN 37403-2109

Property Details for 1010 3rd St

Year built

1967

Lot size

1.59 lot acres

Property size

22,387 SF

Zone code

R4

Property type

Medical offices

Property subtype

Medical centers

APN

146A H 009

APU

146AH009

Description

This exceptional investment opportunity presents a vacant, two-level medical office building totaling 22,387 square feet, ideally situated in Chattanooga, Tennessee. Located at 1010 East 3rd Street, this Class C property boasts a highly desirable location directly across the street from Erlanger Medical Center, offering unparalleled access to a substantial patient base and medical professionals. The building sits on a 1.67-acre lot and is currently vacant, presenting a blank canvas for a new owner to customize and lease to their specifications. The property's strategic position within Hamilton County, zip code 37403, ensures high visibility and easy accessibility. An adjacent property, 1028 East 3rd Street, is also available for acquisition, offering an additional 15,008 square feet on 1.47 acres, creating the potential to assemble a significantly larger site of approximately 3.44 acres. This presents a unique opportunity for expansion or development, catering to the growing demand for medical office space in this thriving Chattanooga neighborhood. The asking price for this prime medical office building is $4,150,000. This is a rare chance to acquire a substantial property in a high-demand area with significant potential for future growth and profitability.

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Longitude

-85.29

Latitude

35.0469

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments