- Available Spaces
|205||Office Space||For lease: $1.17/sqft||458 sqft|
|Northeast||Office Space||For lease: $1.17/sqft||9,115 sqft|
|Northwest||Office Space||For lease: $1.17/sqft||9,115 sqft|
|Southeast||Office Space||For lease: $1.17/sqft||9,115 sqft|
|Southwest||Office Space||For lease: $1.17/sqft||9,115 sqft|
• Year Built: 1908
3800 St Elmo Avenue is an office property for lease in Chattanooga, TN. The property currently has 5 office spaces for lease and is marketed by KW Commercial.
This great building is located at the foot of Lookout Mtn in the St Elmo tourist and art district. It is a 3 story, 100 year old building built out of oak timbers 14 inch square. It is very solidly built. The building has a combination of 113 self-storage rental units and 14,713 square feet of rental office space. It has about a 50/50 split between self-storage and office tenants. Overall, it is currently about 88.4% occupied. The offices are currently 100% occupied but the Seller uses some of the office space for another business with no rent paid. Each floor has 12,273 SF. The current income is up to $195,000 annually. Income has increased $30,000 from a year ago. The property includes a fenced, paved parking lot with 21 spaces. Their is a loading dock for the self-storage tenants to use. There are 24 climate controlled spaces out of the 113 total spaces. The property has one freight elevator. Contact the list agent to receive P&L, tenant mix and occupancy reports. This can be an excellent investment opportunity.
Please describe your commercial real estate requirements. We'll create a list of matching properties that meet your criteria.
- Joseph V Williams, agent and Rofo Pro