3800 St Elmo Ave, Chattanooga, TN 37409

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Building Details:

• Year Built: 1908

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.

• Available Spaces

Suite	Space Type	Pricing	Size
Northeast	Office Space	For lease: $1.17/sqft	9,115 sqft
This space is the most visible space in St Elmo located at the signalized intersection accessing the Food City shopping center. View Details This space is the most visible space in St Elmo located at the signalized intersection accessing the Food City shopping center. Listing company: KW Commercial Pricing: $1.17/sqft Availability: Now Listing ID: 827516 Save to list
Northwest	Office Space	For lease: $1.17/sqft	9,115 sqft
View Details Listing company: KW Commercial Pricing: $1.17/sqft Availability: Now Listing ID: 827517 Save to list
218	Office Space	For lease: $1.25/sqft	511 sqft
Single office suite with great light. Small waiting area and private office. View Details Single office suite with great light. Small waiting area and private office. Listing company: KW Commercial Pricing: $1.25/sqft Availability: Now Listing ID: 943323 Save to list
221	Office Space	For lease: $1.25/sqft	1,434 sqft
Office space in historic property with original wood floors and great exterior light. View Details Office space in historic property with original wood floors and great exterior light. Listing company: KW Commercial Pricing: $1.25/sqft Availability: Now Listing ID: 943324 Save to list