Proposed Mixed Use in St Elmo: 27 units w/retail
|Catylist Listing ID:
Hospitality, Multi-Family, Office, Retail, Retail-Pad, Other
|Gross Land Area:
||$1,042,857 Per Acre
||Cash to Seller
Overview / Comments
Multi-family land in the growing St Elmo area. This site is 0.70 acres and walking distance to downtown St. Elmo as well as all future development on nearby Broad St, including Publix. This site is only minutes from the Virginia Ave greenway and the recently expanded Riverwalk.
Entitlements (including water, electrical, and stormwater) are all provided/in place. Owner will sell the project with his plan for retail space on Level 1 and an additional 27 residential units on Levels 2-4. If desired, owner can apply for Airbnb units in the building.
Zoned UGC and adjacent to the recently announced plans for redevelopment in St Elmo: https://www.timesfreepress.com/news/business/aroundregion/story/2019/may/03/st-elmo-project/494020/
||033155O D 01100
|Largest Nearby Street:
|Feet of Frontage:
||Minutes from I-24
||Located in the historic St Elmo neighborhood that is only minutes from downtown Chattanooga that has seen significant re-investment.
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