816 Central Ave, Chattanooga, TN 37403

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Sally B.

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Building Details:

816 Central Ave is aretail property for lease in Chattanooga, TN.

This is the sale of two (2) parcels, 812 & 816 Central Ave. Each parcel has one building on it, and they share a gravel parking lot in the rear. The gravel lot has an 8' chain-link fence surrounding the parking area and a large electronic gate that can easily fit a truck for deliveries to either building.

812 Central Ave (146H J 003):
Vacant brick building with lots of character, but needs some finishing. See pics.

This building is 5260sf and would make a great office, church, workout facility, or daycare. There is one large room with hardwood floors (protected/covered by particle board), a beautiful ornate tin ceiling(~12'tall), and some exposed brick. There are up to 4 smaller rooms/offices, full bath, half bath, full concrete basement with plenty of room for storage, and a loading dock.

Since the building was purchased in 2006, the sellers have added a new furnace, all new electric, and new windows.

816 Central Ave (146H J 002):
Fully occupied 4825sf duplex used for student housing, currently receiving over $30,000 annually in income. Since the building was purchased in 2006, the sellers completely gutted the building and added new energy efficient windows, new electric, new furnace, and new plumbing. Seller says everything is new except the roof.

Upstairs unit (Central Ave ground level):
4 bedrooms
2 full bathrooms
laundry room
hardwood floors in common areas
high-end maple cabinets
2 covered porches
some ceramic flooring in bathroom
plumbed for gas fireplace

Downstairs unit:
3 bedrooms
2 full bathrooms
laminate floors
laundry room
maple cabinets
2 covered porches

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