Chattanooga, TN Chad Wamack, Broker

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Theodora Nichols
5 years ago
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FOR SALE 36,000 SF Original Y Building Southside District - Original Y Building 1517 Mitchell Avenue Chattanooga, TN 37408 414 Vine Street l Chattanooga, TN l +1(423) 267-6549 l www.naicharter.

1 FOR SALE 36,000 SF Original Y Building Southside District - Original Y Building 1517 Mitchell Avenue Chattanooga, TN Vine Street l Chattanooga, TN l +1(423) l The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt its accuracy but we do not guarantee it. All information should be verified prior to purchase or lease.

2 MEDIA SUMMARY Watch the YouTube Video Play Around on the Virtual Tour Check out the Property Website

3 PROPERTY SUMMARY Land: Approximately 0.78+/- acres Zoned UGC (Urban General Commercial) TN Parcel ID # 145LD D 002, 145LD D 003 Corner Lot - Level and Paved Flood - Not in Flood Zone Parking - 62 Spaces with Additional On-street Parking Parking Lot has Potential for Parking Garage PRICE REDUCED $2,990,000 Building Descriptions: Built 1929 Renovated ,000 SF 58 Dorm Rooms 4 Stories and a Basement Gymnasium with Performance Stage Indoor Pool (Hand Tiled) with (2) Locker Rooms Restrooms Garden Terrace with Views of Lookout Mountain Improvements: Roof is Spanish Tile - Repaired with Historical Tile (1929) New Gutters & Downspouts (2012) New Paint on Exterior (2012) New Light Fixtures Electrical Upgraded Plumbing Upgraded All Dorms have Chases for the Installation of Fiber Optics Sub-Slab Water & Sewer - Relined with Epoxy Resin $2 million in Improvements in Original Architectural Drawings New Sprinkler System The four story mixed use facility located in the heart of the Southside district of Chattanooga & directly off Hwy 27 & I-24. The Southside is a sustainable urban neighborhood with a commercial & residential balance that s created a truly unique community. The revitalization of the Southside has filled the neighborhood with food, entertainment, parks, art and culture.

2017 Property Taxes: TOTALS County Taxes: $29,815.

4 AERIAL MAP Market Street Battle Academy SITE Parking Parking New Development Main Street Chattanooga Southside 2017 Property Taxes: TOTALS County Taxes: $29, City Taxes: $24, Water Quality Fee: $ 1, Total Taxes: $55,519.02

5 SITE MAP I 1517 Mitchell Avenue Chattanooga, TN Chattanooga Business District ket Mar Stre et Chattanooga Southside District Battle Academy Main S treet

6 STREET MAP

SOUTHSIDE DEMOGRAPHICS 14,683 VPD Main Street Market Street SITE 10,749 VPD 1-3-5 Mile Demographics Population 1 Mile 3 Mile 5 Mile 2017 Total Population: 9,585 52,797 126,621 Pop Growth 2017-2022:

7 SOUTHSIDE DEMOGRAPHICS 14,683 VPD Main Street Market Street SITE 10,749 VPD Mile Demographics Population 1 Mile 3 Mile 5 Mile 2017 Total Population: 9,585 52, ,621 Pop Growth : 10,251 55, ,304 Per Capita Income: $16,606 $18,855 $22,846 Average Age: Households 2017 Total Households: 3,130 20,566 51,765 HH Growth : 3,432 21,734 54,017 Median Household Income: $14,919 $25,212 $33,637 Average Household Size: Housing Median Housing Value: $255,645 $136,034 $125,833 Median Year Built:

8 EXTERIOR PICTURES

9 INTERIOR PICTURES

10 INTERIOR PICTURES

11 1ST FLOOR PLAN

12 2ND FLOOR PLAN

13 3RD FLOOR PLAN

14 4TH FLOOR PLAN

RETAIL > FOR LEASE 900 SF - 3,650 SF ILLINOIS ROAD AT SCOTT ROAD FORT WAYNE, INDIANA HIGHLIGHTS:

RETAIL > FOR LEASE 900 SF - 3,650 SF ILLINOIS ROAD AT SCOTT ROAD FORT WAYNE, INDIANA HIGHLIGHTS: HIGHLIGHTS: Available Space: 900 SF - 3,650 SF Many recent upgrades include: -New concrete sidewalk installed -Canopy renovated -Roofing and gutters replaced -New lighting installed along sidewalk under