1601 Holtzclaw AveChattanooga, TN 37404

Property Details for 1601 Holtzclaw Ave

Year built

1948

Lot size

1.00 AC

Property size (Sq ft)

16,200 SF

Zone code

M1

Property type

Warehouses

APN

156A D 003 C009

APU

156AD003C009

Description

This exceptional 90,000 square foot office building, located at 1601 S Holtzclaw Ave in Chattanooga, Tennessee, presents a unique investment opportunity. Built in 1948 and extensively renovated in 2019, this Class B property offers a variety of spaces, ranging from 1,212 to 23,940 contiguous square feet, with a total of 57,330 square feet currently vacant. The single-story building sits on a 6.75-acre lot and features 173 parking spaces, providing ample convenience for tenants and visitors. The property is zoned UGC and is ideally situated within Hamilton County (zip code 37404), offering excellent highway access and proximity to the vibrant Southside neighborhood, Sculpture Fields park, and a burgeoning arts and culinary district. The building's adaptable spaces cater to various needs, including medical, creative, and traditional office uses. Potential tenants will benefit from exterior windows, storefront doors, and a loading dock. The landlord offers flexibility on tenant improvements, with pricing based on a "cold vanilla box" delivery, and NNN costs are estimated at approximately $5.35 per square foot. On-site amenities will include a courtyard and a fitness center. This property is part of a historic textile mill reuse project, already home to established businesses such as Clearstory Arts Studios, Austin Hatcher Foundation, and the Public Education Foundation, ensuring a strong daytime population.

• Alternative Use

  Use

  Valuation

  Residential

  $3,921,876

  Hospitality

  $3,592,418

  Educational

  $2,988,850

  Medical

  $3,091,640

  Retail

  $4,649,322

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Latitude

35.0274

Longitude

-85.29

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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