25 E Main St - Office/Residential FOR SALE


Chattanooga, TN 37408
$3,000,000 USD
423-802-2014
25 E Main St, Chattanooga, TN for Sale
$3,000,000 USD
Office/Residential - FOR SALE
1/24
null | Request Cap Rate

25 E Main St
Chattanooga, TN 37408


HIGHLIGHTS

  • Beautiful Historic Mixed Use building with 6,000+ sf of unfinished buildout ready space.

OVERVIEW

Remarkable Mixed-Use Condominium in Chattanooga's Vibrant Southside. Experience the epitome of urban living with this unique mixed-use condominium, nestled in the heart of Chattanooga's highly coveted Southside district. This extraordinary property offers a perfect blend of commercial viability and residential luxury, spread across a generous 12,000+/- square feet of space. The ground floor condominium hosts Alleia's Italian Restaurant, a 6,000 sf culinary gem that anchors this historic 1900's all-brick building. Commercial Excellence: With 6,000+/- square feet of 2nd Floor commercial space, currently under lease by Keel Point and TextLocate, this property presents an exceptional opportunity for instant cash flow. The vibrant location and established tenant make this an ideal investment. Residential Potential: The upper floor awaits your personal touch. Offering 6,000+/- square feet of open floor plan shell, the space is a blank canvas ready to be transformed. The current owner has meticulously prepared for a stunning residential conversion, with a complete design envisioned by the renowned Tinker Ma, specifically for the third-floor buildout. Envision creating an exclusive urban retreat, a haven of style and comfort. Or, Design 2-4 Residential Condominium's on this 6,000+/- sf 3rd Floor shell and get an excellent overall return on your investment. Modern Comforts & Historic Charm: This property harmoniously blends modern upgrades with historic charm. Fully renovated to meet and exceed current codes, the building maintains its original allure while offering contemporary comforts. Elevators provide easy access to the second and third floors, ensuring convenience and accessibility. Exclusive Amenities: The condominium includes a 4-car attached garage, a rarity in this bustling district. This feature adds an extra layer of luxury and practicality, perfect for residents and visitors alike. More...A Premier Location: Situated in the dynamic Southside district, this property places you at the heart of Chattanooga's thriving urban scene. Enjoy proximity to trendy eateries, chic boutiques, and vibrant cultural spots, all while being a part of a rich historical tapestry. This mixed-use condominium represents a rare opportunity to own a piece of Chattanooga's Southside renaissance. Whether as an investment or a personal urban oasis, this property promises a blend of income potential and upscale living. All pertinent documents are available for review, ensuring a smooth transition to the new owner. Embrace the chance to be a part of this exciting community - a true gem in the heart of Chattanooga.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$242 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Loft/Creative Space, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

C

APN/PARCEL ID

145LA-C-010-C-201,145LA-C-010-C-301

ASK ABOUT THIS PROPERTY

Doug LawrenceLawrence Team HomesMore Info
423-802-2014

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Doug LawrenceLawrence Team HomesMore Info
423-802-2014

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