2101 Broad Street - Opportunity Zone Investment

Retail-Commercial for Sale
Also listed as Multi-Family
Catylist Listing ID: 30465672
Property Subtypes: Mixed Use
Building Size (RSF): 14,500 SF
Gross Building Area: See Agent
Gross Land Area: 1.68 Acres
Sale Price: $3,500,000
Unit Price: $241.38 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/22/2021

Overview / Comments

Opportunity Zone investment! High visibility from I-24, Hwy 27 and Broad Street. Four parcels sold together. The property has several buildings including a warehouse with an office.

Easy access from Broad, 20th, and 21st streets with an existing red light entering the property at Broad/21st St. intersection.

Close proximity to two apartment/condo complexes of 311 total units, Finley Stadium, Chattanooga Market, Naked River Brewing, Southside Social and multiple other restaurants/retail.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 145N B 002 , 145N B 001, 145K H 011 & 145N B 007
Zoning: U-CX-6
Highway Access: Interstate 24 & Highway 27
Airports: CHA - Lovell Field
Zoning Description: Commercial Mixed Use
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LT 8 JOHN MAHONEY PROP PB 15 PG 270 PT LT 19 GLASS ADDN SIDNEY ST N/R 0114 30 01 PT LTS 19&20 GLASS ADDN SYDNEY ST N/R 0114 30 01 PT LTS 19,20&21 GLASS ADD SIDNEY ST N/R 0114 30 03

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,751 53,565 127,630
Median Age: 32.03 34.05 36.63
Households: 2,699 21,018 52,715

Contact

Photograph of Listing Agent

Matt Gann

Keller Williams Realty Greater Chattanooga REALTORS® Member
Photograph of Listing Agent

Lizz Compton

Keller Williams Realty Greater Chattanooga REALTORS® Member
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