Catylist ID: #30668978
City Center Retail with Parking
Retail-Commercial for LeaseAlso listed as Vacant Land
|Catylist Listing ID:||30668978|
|Property Subtypes:||Free-Standing Building, Restaurant, Retail-Pad, Tavern/Bar/Nightclub|
|Contiguous Space:||4,785 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||0.28 SF|
$21.57 PSF (Annual)
|In Opportunity Zone?||Yes|
|Building Name:||401 Market St|
|Usable Size (USF):||4,785 SF|
Overview / Comments
This location would be perfect for retail/office, or other types of development.
Downtown high profile location with robust vehicular and pedestrian traffic! The structure was built to code as a full service restaurant in 2009 - grease trap, sprinkler system, hood, exhaust, etc. are installed.
Building SF is 4785, plus large outdoor covered patio, plus large dumpster area, plus 5-6 parking spaces. These are all coveted amenities in the downtown area. This has a very large kitchen, several dining area rooms.
The parking area is worth approximately $70 per month per space and the enclosed dumpster/staging area is a rarity.
The property has several branding opportunities on Market, 4th and Broad (pylon signage) Streets.
Some of the kitchen equipment including 2 walk in coolers, & Ansul system still exists along with the bar set up. There is also some furniture that could be utilized if desired.
Across the street from this property, the Beach Company / Charleston is currently constructing two multi-story mixed use high rise buildings with parking (retail & residential) behind the Hair of the Dog Pub. Next door is Ruby Sunshine, a popular New Orleans brunch concept.
The Landlord is open to discussing a ground lease with acceptable terms.
All information is deemed reliable but NOT guaranteed.
Expand All Available Space
|Suite: 0||4,785 SF||$8,600 (Monthly) NNN|
|Space Available:||4,785 SF|
$21.57 PSF (Annual)
|Lease Term:||60 Months|
|Tax ID/APN:||033135MDA 01200|
|Retail Clientele:||Family, Business, Traveler, Tourist|
|Property Located Between:||Broad and Market Street|
|Largest Nearby Street:||4th Street|
|Highway Access:||I 27, I 24, Riverside/Amnicola Hwy|
|Airports:||Chattanooga Metropolitan Airport|
|Site Description:||Heart of downtown Chattanooga's dynamic trade area. Market Street corner location with attractive retail building and proprietary parking lot and dumpster area. Highly visible Pylon signage on Broad Street.|
|Area Description:||Well Established commercial area supported by retail, residential, businesses, tourism and schools. Multi-story mixed use construction underway on 4th Street bringing even more foot traffic soon.|
|Total Number of Buildings:||1|
|Number of Stories:||1|
|Typical SF / Floor:||4,785 SF|
|Parking Description:||Proprietary lot included with lease; location is surrounded by street parking and other surface/garage parking options.|
|Air Conditioning:||Package Unit|
|Interior Description:||Open concept dining area with large kitchen containing 2 walk-in coolers, Ansul system and other infrastructure. Tenant has option to remove all restaurant equipment.|
|Legal Description:||Pt Lt 25 Original Town Market St N/ R|
|Proximity:||1 mile||3 miles||5 miles|
Judy WebsterKeller Williams Realty Greater Chattanooga REALTORS® Member
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