Historic Office/Restaurant Space

Retail-Commercial for Lease
Catylist Listing ID: 30760790
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Status: Proposed
Contiguous Space: 2,500 - 5,102 SF
Gross Building Area: See Agent
Lease Rate: $19 - 23 PSF (Annual)
Base Monthly Rent: $8,078 - 9,778
Lease Types: NNN
In Opportunity Zone? Yes
Last Updated: 10/15/2021

Overview / Comments

The beautiful Maclellan Building was built in 1924 and is a landmark in Chattanooga's downtown. Located next to the historic Tivoli theatre, the building was recently renovated to include 85 apartments in addition to the available high visibility retail/restaurant/office space. Co-Tenancy in the building includes Area 61, a well respected local art gallery.

The space was formerly a bank and could be turn key for another financial institution but also easily converts for another professional use as well as an entertainment or restaurant use.

The building is within walking distance from all of Chattanooga's best known attractions including the historic Tivoli Theatre, the Tennessee Aquarium, the Creative Discovery Museum, the IMAX 3D Theater, the Chattanooga Lookouts, and High Point Climbing Gym. Additionally, the area is steps from the West Village, various downtown hotels, condos, townhomes and apartments.

Office buildings in the area are home to numerous law firms, accounting firms as well as Blue Cross Blue Shield of TN and Unum.

Expand All Available Space

Suite: 100 5,102 SF $19 - 23 PSF (Annual) NNN
Space Available: 5,102 SF
Minimum Divisible: 2,500 SF
Lease Rate: $19 - 23 PSF (Annual)
$8,078 - 9,778 (Monthly)
Lease Type: NNN
Space Description: This beautiful space was formerly a bank but can be split for up to two users. With high ceilings, unique crown mold on the ceiling and large windows, this space is a one of a kind in downtown Chattanooga.
Date Available: 9/1/2021
Space Type: Relet
Rent Escalators Description 3% Annual Increases

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033145CBA 00500P000
Zoning: D-CX-12
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Visibility: Excellent
Tenancy: Multiple Tenants
Property Condition: Excellent
Year Built: 1924
Year Renovated: 2015
Parking Type: Surface
Parking Description: Parking is available in the rear of the building as well as surrounding street parking,

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,174 49,481 124,219
Median Age: 32.04 33.54 36.6
Households: 3,804 19,873 51,566

Contact

Photograph of Listing Agent

Kelly Fitzgerald

Second Story Real Estate Manag Greater Chattanooga REALTORS® Member
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