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700 Market St

6,000 SF 100% Leased Office Building Chattanooga, TN 37402 $1,800,000 ($300/SF)

Executive Summary

SVN Second Story proudly presents a rare chance to acquire a 100% leased, stabilized investment property in the heart of Downtown Chattanooga's Central Business District. This 6,000 SF premier asset, located at 700 Market St, offers a prime, hard corner location with high visibility and foot traffic. Featuring two tenants, this property provides immediate, reliable rental income through secure leases, making it an attractive opportunity for savvy investors. Constructed in 1949 and located in the D-CX-12 zoning district, this well-maintained building presents a unique opportunity for both flexibility and growth. With the possibility of building up to 12 stories on this rare downtown corner, it’s ideal for investors or developers looking to capitalize on the area's development potential. With its strategic location in the CBD, this trophy asset is a key hub for commerce and connectivity. This prime location places it within close proximity to major financial institutions and government offices, fostering a vibrant atmosphere for business activity and is within walking distance to The Waymark Hotel, Tivoli Theater, Tennessee Aquarium, and more.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Building Size
6,000 SF
Building Class
B
Year Built
1949
Price
$1,800,000
Price Per SF
$300
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
3,000 SF
Building FAR
1.73
Land Acres
0.08 AC
Opportunity Zone
Yes
Zoning
D-CX-12 - Allows for the possibility of building up to 12 stories
Walk Score ®
Very Walkable (82)
Bike Score ®
Biker's Paradise (98)
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
145DA-D-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$225,880
  • Listing ID: 33313977

  • Date on Market: 9/26/2024

  • Last Updated:

  • Address: 700 Market St, Chattanooga, TN 37402

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