**Market Street | Investment Opportunity**

Retail-Commercial for Sale
Catylist Listing ID: 30371067
Property Subtypes: Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 6,000 SF
Gross Land Area: 4,356 SF
Sale Price: $645,000
Unit Price: $107.50 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/20/2019

Overview / Comments

Invest in downtown Chattanooga now with this beautiful 2 story, 6000 square foot building. The building is located at 807 market street adjacent to Miller Plaza. This would be a perfect investment for mixed usage such as residential upstairs, and commercial frontage downstairs. In it's current zoning, it would be possible to expand to 12 stories.
In addition to Market St storefront, the building also connects to Broad Street, which allows entrance and exit from either Market St or Broad St. Once inside you will love the exposed brick and the hardwood flooring. There is a kitchen area and a prep area as well.

The building last served as a cocktail lounge but could easily be made into a space that would serve your purpose. Schedule your appointment today!

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 145DAB 005
Zoning: D-CX-12
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Located Between: Market & Broad
Property Visibility: Excellent
Largest Nearby Street: Market Street
Feet of Frontage: 25
Traffic/Vehicle Count: 13,544
Highway Access: Minutes to I24, and Highway 27
Airports: Chattanooga Metropolitan Airport
Area Description: Located in an area of rapid urban growth. Commercial, retail, tourism, etc.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Property Condition: Fair
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Other
Zoning Description: D-CX-12
Lot Frontage: 25
Lot Depth: 200
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: LLC
Legal Description: Pt Lt 57 Original Town Market St N/ R 0086 13 05

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,060 49,481 126,046
Median Age: 32.05 33.54 36.6
Households: 4,213 19,873 52,356


Photograph of Listing Agent

Charles M Davis

Keller Williams Realty Greater Chattanooga REALTORS® Member
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