Log In/Sign Up
Your email has been sent.
2450 Riverside Drive 2450 Riverside Drive 13,946 SF 100% Leased Industrial Building Chattanooga, TN 37406 $5,211,376 CAD ($373.68 CAD/SF) 9.48% Cap Rate
Investment Highlights
- 13,000 SF industrial facility, equipment, and real estate
- Located in Chattanooga, TN with convenient access to major highways and regional manufacturing corridors
- 3-phase power, 240V with ability to go to 480V
Executive Summary
Rare opportunity to acquire an established Chattanooga metal finishing business, real estate, and equipment package. Operating for over 68 years, this ISO-certified business specializes in precision barrel finishing, vibratory finishing, deburring, polishing, cleaning, drying, steel shot blasting, and surface preparation for industrial and manufacturing clients.
The sale includes the business, approximately 13,000 SF industrial facility, equipment, and real estate. The operation serves industries including automotive, tool manufacturing, and machined parts production, with gross revenue over $2.5M.
Facility features 3-phase power, 240V with ability to go to 480V, and a substantial equipment package including: 48x48 blast cabinet, 2x 3 cubic foot automated air blast systems, 6.5 cubic foot steel shot jet blast, 20 cubic foot burnisher, 10 cubic foot finisher, 7 cubic foot finisher, 4 cubic foot dryer, 2x 50 cubic foot bowls, 40 cubic foot bowl, 2x 20 cubic foot dryers, 15 cubic foot dryer, 3x 8 cubic foot tumbling barrels, 2024 Bobcat G20 with 4,000 lb lift capacity, and 2023 Doosan 15 with 3,000 lb lift capacity.
Finishing capabilities include steel shot, ceramic media cutting, steel polishing, corn drying and polishing, and soap/water chemical processing. Located in Chattanooga, TN with convenient access to major highways and regional manufacturing corridors.
Offering price: $3,700,000. Financials and additional business information available to qualified buyers.
The sale includes the business, approximately 13,000 SF industrial facility, equipment, and real estate. The operation serves industries including automotive, tool manufacturing, and machined parts production, with gross revenue over $2.5M.
Facility features 3-phase power, 240V with ability to go to 480V, and a substantial equipment package including: 48x48 blast cabinet, 2x 3 cubic foot automated air blast systems, 6.5 cubic foot steel shot jet blast, 20 cubic foot burnisher, 10 cubic foot finisher, 7 cubic foot finisher, 4 cubic foot dryer, 2x 50 cubic foot bowls, 40 cubic foot bowl, 2x 20 cubic foot dryers, 15 cubic foot dryer, 3x 8 cubic foot tumbling barrels, 2024 Bobcat G20 with 4,000 lb lift capacity, and 2023 Doosan 15 with 3,000 lb lift capacity.
Finishing capabilities include steel shot, ceramic media cutting, steel polishing, corn drying and polishing, and soap/water chemical processing. Located in Chattanooga, TN with convenient access to major highways and regional manufacturing corridors.
Offering price: $3,700,000. Financials and additional business information available to qualified buyers.
Property Facts
| Price | $5,211,376 CAD | Lot Size | 1.33 AC |
| Price Per SF | $373.68 CAD | Rentable Building Area | 13,946 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 9.48% | Year Built | 1977 |
| Property Type | Industrial | Parking Ratio | 0.79/1,000 SF |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 1 |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | M1 - M1 | ||
| Price | $5,211,376 CAD |
| Price Per SF | $373.68 CAD |
| Sale Type | Investment |
| Cap Rate | 9.48% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.33 AC |
| Rentable Building Area | 13,946 SF |
| No. Stories | 1 |
| Year Built | 1977 |
| Parking Ratio | 0.79/1,000 SF |
| No. Dock-High Doors/Loading | 1 |
| Opportunity Zone |
Yes |
| Zoning | M1 - M1 |
1 1
Somewhat walkable
20/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 136C-F-002 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $540,913 CAD |
Property Taxes
Parcel Number
136C-F-002
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$540,913 CAD
1 of 58
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
2450 Riverside Drive | 2450 Riverside Drive
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.