Catylist ID:
#30764005
| Catylist Listing ID: | 30764005 |
| Property Subtypes: | Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other |
| Gross Land Area: | 0.41 Acres |
| Sale Price: | $850,000 |
| Unit Price: | $2,073,170 Per Acre |
| In Opportunity Zone? | Yes |
| Sale Terms: | Cash to Seller |
| Last Updated: | 10/8/2021 |
Overview / Comments
|
Land For Sale | Broad Street Near Publix 2642 Broad Street | Chattanooga, TN Great opportunity to own a piece of the ever-changing Broad Street in Chattanooga, TN. This 0.41 acres is vacant land For Sale. The subject parcel fronts Broad Street and extends the entire block to Cowart Street. It has nearly 100' of frontage along Broad Street. The parcel to the south contains nice, historic brick buildings on the corner of W 27th Street. The parcel to the north is vacant land. This lot has the potential for a basement or below grade parking. The local area, historically known as Southside Gardens, has amazing redevelopment potential on the horizon! Southside Gardens has a large concentration of vacant lots owned by Chattanooga developers who have plans for new single family homes, multifamily homes and more. Across the street is one of Chattanooga's largest vacant industrial areas that spans all the way to the interstate, Tennessee river and Moccasin Bend. It is the largest area in the downtown Chattanooga ripe for development. PUBLIX is less than a mile to the south. It is set to open soon in the Fall of 2021 / new year. It has already encouraged growth and change along this S. Broad corridor. A Food City mixed-use development is under construction one mile to the north on Broad Street. 2642 Broad Street has easy access to both Hwy 27 and I-24. Currently, the exits along I-24, including Broad Street, are getting revamped and reworked. This will allow for easier access for interstate travelers to access Broad Street Businesses, the St. Elmo neighborhood and Downtown Chattanooga. This parcel is also within very close proximity to the River Walk's Chestnut Street Trailhead, numerous attractions such as Rock City and Ruby Falls, outdoor recreation areas, restaurants and bars, entertainment and sporting venues, I-75, I-24 and I-59. Chattanooga is well known for its Gig internet speeds available through EPB. This parcel has live, work & play potential! |
Attachments & Media
Additional Details
| Nearest MSA: | Chattanooga |
| County: | Hamilton |
| Taxing Authority: | Hamilton County / Chattanooga City |
| Tax ID/APN: | 033155C B 01100P000 |
| Zoning: | UGC (URBAN GENERAL COMMERCIAL) & R3 |
| Property Located Between: | Broad Street, Cowart Street, W 26th, W 27th |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Broad Street |
| Feet of Frontage: | 96 |
| Traffic/Vehicle Count: | 22,000 |
| Highway Access: | Quick access to both I-24 & Hwy 27 |
| Airports: | Chattanooga Metropolitan Airport |
| Site Description: | The front of the parcel is level and at street grade with Broad Street and slopes down towards the back of the parcel at Cowart Street. |
| Lot Frontage: | 96' |
| Lot Depth: | 261' |
| Zoning Description: | UGC (URBAN GENERAL COMMERCIAL) & R3 |
| Topography: | Gently Sloping |
| Available Utilities: | Electric, Water, Gas, Sewer, Internet Access |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 5,029 | 49,836 | 122,317 |
| Median Age: | 26.71 | 33.95 | 36.43 |
| Households: | 1,466 | 19,337 | 50,110 |
Contact
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