423-413-6767
701 Market St, Chattanooga, TN for Sale
Office/Residential - FOR SALE
1/20
null | Request Cap Rate

701 Market St
Chattanooga, TN 37402
City Center


HIGHLIGHTS

  • Located in the bustling and vibrant heart of Downtown Chattanooga
  • Unique redevelopment/investment opportunity in Chattanooga's Central Business District
  • Built in 1910 and renovated in 1966, the building is well positioned for a multifamily opportunity or hospitality use
  • Immediate area has undergone over $100 million in renovations and development over the past five years
  • Existing floorplate offers flexibility for redevelopment/multifamily conversion

OVERVIEW

Discover 701 Market Street in Chattanooga, a premier 16-story office building in Chattanooga featuring approximately 118,200 +/- square feet of adaptable, net rentable space. Originally designed by renowned architect R. H. Hunt in 1910 and renovated in 1966 this iconic Historic property is strategically located in the heart of Downtown Chattanooga at 7th & Broad and Market Streets, with First Horizon Bank occupying the first three floors. The upper levels (floors 4 - 16) offer flexible layouts ranging from 4,252 to 4,323 square feet, including a distinctive shell option on the 15th floor, perfect for customization. Enhanced by a leased cell tower to AT&T, 701 Market Street presents significant income potential and mixed-use development opportunities. Don’t miss this unique investment opportunity to establish a prominent presence in Chattanooga’s vibrant urban landscape!

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

16 Story Redevelopment Opportunity

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

16

BUILDING CLASS

B

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

C-3

APN/PARCEL ID

145DA-A-001

ASK ABOUT THIS PROPERTY

423-413-6767

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423-413-6767

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