1502 Tombras Ave Chattanooga, TN 37412
This vacant, 1,740 square foot office building in East Ridge, Tennessee presents a compelling investment opportunity. Located at 1502 Tombras Ave, this two-story Class C property sits on a 0.28-acre lot and boasts a convenient C2 zoning designation. Completely renovated in 2024, both the interior and exterior have been updated, including the addition of a new privacy fence and expanded parking. The first floor offers four potential office spaces, a lobby, kitchen, bathroom, and storage. The second floor features one large office space, a sizable storage area (or smaller office), and a bathroom. Its prime location at the intersection of Tombras Ave and Ringgold Road, adjacent to similar office buildings, ensures high visibility and accessibility. The property's versatile layout makes it suitable for a variety of uses, including creative office, medical office, or traditional office spaces. The building's recent renovations and strategic location make it an attractive prospect for investors seeking a turnkey property in a thriving Chattanooga area market. APN: 169G E 043. Note: Square footage and acreage are based on publicly available information and are not guaranteed.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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