2000 Chestnut St Chattanooga, TN 37408-2407
- Warehouses
- 12,438 SF
- 0.56 lot acres
Current Use by Public Records
- Associated Equipment Co / Air Conditioning Contractor
Property Details for 2000 Chestnut St
- Year built
- 1950
- Lot size
- 0.56 lot acres
- Property size
- 12,438 SF
- Zone code
- M1
- Property type
- Warehouses
- APN
- 145K G 002
- APU
- 145KG002
Description
This exceptional 12,438-square-foot industrial property, located at 2000 Chestnut Street in Chattanooga, Tennessee, presents a compelling investment opportunity. Situated on a 0.49-acre lot in Hamilton County (zip code 37408), this light industrially zoned warehouse boasts a prime location across from Finley Stadium and the Chattanooga Market, offering excellent visibility and accessibility. The building currently houses Associated Equipment, an HVAC wholesaler, who are willing to lease back the property on a triple net (NNN) basis at fair market value for at least 12 months. This provides a built-in income stream for the new owner. The warehouse features two loading docks and two drive-in doors with manual roll-up doors, facilitating efficient loading and unloading operations. The asking price for this single-tenant property is $1,500,000. Its strategic location provides easy access to Interstates 24 and 75, enhancing its logistical advantages and appeal to a wide range of potential tenants or owner-occupiers. This property is ideal for investors seeking a strong return on investment or businesses looking for a well-equipped space in a thriving Chattanooga location. The property is classified as both industrial and office use.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.3154
- Latitude
- 35.0337
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
