1437 Market Street, Chattanooga, TN 37402 - retail-commercial property

Detailed information about retail-commercial property which situated in Chattanooga (37402) city, Tennessee state on 1437 Market Street.

Additional Information: Own a piece of the Southside on Market Street located directly across from the Chattanooga Choo-Choo Holiday Inn. The building is situated on a 50x149 lot and owner will consider sale or lease or ground lease. The structure was built in approximately 1930. Since 1930, the building has housed numerous retail operations but has not been occupied in the past twenty years. Portions of the roof are no longer in place and the property will require complete renovation. Currently, the structure occupies the entire lot, yet a Buyer would likely benefit from demolishing the rear 1/3 of the 7,500 SF building and placing approximately 12 parking spaces to be accessed from the rear alley. This would create 5,000 SF of commercial space which could be split or partially owner occupied. The more adventurous could even consider going vertical. This is terrific opportunity to take advantage of the resurgence of the Southside evidenced by the recent openings of The Terminal Brewhouse, Blue Orleans Restaurant, Main & Mocha Coffeehouse, 21 Knots Salon, Lola’s Fine Gifts and many others announced. The Chattanooga Choo-Choo is a historic landmark hotel with convention facilities. On the Choo-Choo property is also the CARTA (Chattanooga Regional Transportation Authority) electric shuttle facility allowing riders to access the entire downtown area. Additional incentives for renovations may be available through various agencies. Adjoining properties have either been renovated as mixed-use structures or are in the process of beginning such redevelopment. Take advantage of the opportunity and tour this property today.