1600 Broad St - Storefront Retail/Office FOR SALE


Chattanooga, TN 37408- Southside
$3,800,000 USD
423-838-3600
1600 Broad St, Chattanooga, TN for Sale
$3,800,000 USD
Storefront Retail/Office - FOR SALE
1/18
null | Request Cap Rate

1600 Broad St
Chattanooga, TN 37408
Southside


HIGHLIGHTS

  • Excellent Southside Location
  • Zoning allows for Mixed-Use Development up to 4 stories
  • Onsite Parking

OVERVIEW

This is a rare development opportunity in Chattanooga’s historic Southside District. Near the intersection of Broad and Main Streets and less than a half-mile from I-24 and US-27, this site offers easy access from anywhere in the Chattanooga area. Within a half-mile radius are 40 places to get a bite to eat, from smoothie shops to some of Chattanooga’s best restaurants; 18 places to get a drink, from breweries to speakeasy’s to dive bars; 9 coffee shops or bakeries; 9 venues for live entertainment, from music to comedy to football and professional soccer; 8 museums or galleries; 7 places to shop for groceries, from specialty shops to supermarkets; 6 places to work out; 6 parks including 2 dog-friendly parks; and 3 spas; not to mention places to shop, hotels, apartments, and single-family homes with new developments frequently announced. All of which makes this site an excellent place to live, work, or both, and explains why Chattanooga’s Southside is red-hot. With 10,050 square feet across two buildings with Broad Street frontage and onsite parking, this property provides multiple opportunities for redevelopment for restaurant, retail or office users… and ground up development opportunities for a mixed-use project up to four stories tall. The property can accommodate approximately 35 parking spaces on the northern lot and 17 parking spaces on the southern lot.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$378 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

U-CX-4

APN/PARCEL ID

145K-J-008,145K-K-001

ASK ABOUT THIS PROPERTY

Benjamin PittsHerman Walldorf Commercial, Inc.More Info
423-838-3600

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Benjamin PittsHerman Walldorf Commercial, Inc.More Info
423-838-3600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.