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25 E Main St

12,400 SF Vacant Office Building Chattanooga, TN 37408 $3,000,000 ($242/SF)

Investment Highlights

  • Beautiful Historic Mixed Use building with 6,000+ sf of unfinished buildout ready space.

Executive Summary

Remarkable Mixed-Use Condominium in Chattanooga's Vibrant Southside. Experience the epitome of urban living with this unique mixed-use condominium, nestled in the heart of Chattanooga's highly coveted Southside district. This extraordinary property offers a perfect blend of commercial viability and residential luxury, spread across a generous 12,000+/- square feet of space. The ground floor condominium hosts Alleia's Italian Restaurant, a 6,000 sf culinary gem that anchors this historic 1900's all-brick building. Commercial Excellence: With 6,000+/- square feet of 2nd Floor commercial space, currently under lease by Keel Point and TextLocate, this property presents an exceptional opportunity for instant cash flow. The vibrant location and established tenant make this an ideal investment. Residential Potential: The upper floor awaits your personal touch. Offering 6,000+/- square feet of open floor plan shell, the space is a blank canvas ready to be transformed. The current owner has meticulously prepared for a stunning residential conversion, with a complete design envisioned by the renowned Tinker Ma, specifically for the third-floor buildout. Envision creating an exclusive urban retreat, a haven of style and comfort. Or, Design 2-4 Residential Condominium's on this 6,000+/- sf 3rd Floor shell and get an excellent overall return on your investment. Modern Comforts & Historic Charm: This property harmoniously blends modern upgrades with historic charm. Fully renovated to meet and exceed current codes, the building maintains its original allure while offering contemporary comforts. Elevators provide easy access to the second and third floors, ensuring convenience and accessibility. Exclusive Amenities: The condominium includes a 4-car attached garage, a rarity in this bustling district. This feature adds an extra layer of luxury and practicality, perfect for residents and visitors alike. More...A Premier Location: Situated in the dynamic Southside district, this property places you at the heart of Chattanooga's thriving urban scene. Enjoy proximity to trendy eateries, chic boutiques, and vibrant cultural spots, all while being a part of a rich historical tapestry. This mixed-use condominium represents a rare opportunity to own a piece of Chattanooga's Southside renaissance. Whether as an investment or a personal urban oasis, this property promises a blend of income potential and upscale living. All pertinent documents are available for review, ensuring a smooth transition to the new owner. Embrace the chance to be a part of this exciting community - a true gem in the heart of Chattanooga.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
12,400 SF
Building Class
C
Year Built/Renovated
1900/2009
Price
$3,000,000
Price Per SF
$242
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,200 SF
Building FAR
0.28
Land Acres
1.00 AC
Opportunity Zone
Yes
Zoning
C - Mixed Use Commercial Retail and Residential
Parking
15 Spaces (1.21 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (82)
Bike Score ®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
145LA-C-010-C-201
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$359,920
  • Listing ID: 33058476

  • Date on Market: 9/4/2024

  • Last Updated:

  • Address: 25 E Main St, Chattanooga, TN 37408

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