For Sale
$800,000

2939 Cummings Hwy Chattanooga, TN 37419

Chattanooga Investment Opportunity: High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional mixed-use property, located at 2939 Cummings Highway in Chattanooga, Tennessee, presents a compelling investment opportunity. The property encompasses approximately 8,000 square feet across two buildings, each two stories high, boasting 9-foot ceilings. Built in 1952, this Class B property features a blend of storefront and traditional office space, ideal for a variety of uses. The property includes a currently operating antique store and a remodeled one-bedroom, one-bathroom residential unit, offering potential rental income or live/work flexibility. Conveniently situated near the intersection of Browns Ferry Road and I-24 exit 171 (US Highway 41), this location benefits from high visibility and accessibility. Ample parking is available, with eight spaces in front and an additional 12-14 spaces in the rear. The property features side access from Cummings Highway to a rear alley. Significant improvements have been made, including a roof replacement in 2011 and a three-year-old HVAC unit. Upstairs storage is also available. The property is zoned C2 and is less than five miles from downtown Chattanooga, placing it within close proximity to the new ballpark and multi-use site off I-24. This prime location, combined with the existing income-generating potential and versatile space, makes this a truly unique investment opportunity. Asking price is $800,000.

Highlights

  • 8,000 SF mixed-use property on Cummings Highway in Chattanooga, TN.
  • Two 2-story buildings with 9' ceilings, built in 1952.
  • Class B property with storefront & office space; includes an operating antique store and a remodeled 1-bed/1-bath residential unit.
  • High-visibility location near I-24 exit 171 (US Hwy 41), with ample parking (20+ spaces).
  • Recent improvements include a 2011 roof replacement and a 3-year-old HVAC system; upstairs storage available.
  • C2 zoning, less than 5 miles from downtown Chattanooga, near the new ballpark.

Property Details for 2939 Cummings Hwy

Property type
Specialty properties, Retail properties
Square Feet
7,900 SF
Class
B
Year Built
1952
Buildings
2
Stories
2

Location Insight

City
Chattanooga
County
Hamilton
State
Tennessee
Latitude
35.020396638393
Longitude
-85.365100425536

FAQs

What type of property is this?
Specialty property - Chattanooga Investment Opportunity: High-Traffic Location
Where is the specialty property located?
The property is located at 2939 Cummings Hwy Chattanooga, TN.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 8,000 SF mixed-use property on Cummings Highway in Chattanooga, TN.; Two 2-story buildings with 9' ceilings, built in 1952.; Class B property with storefront & office space; includes an operating antique store and a remodeled 1-bed/1-bath residential unit.
How can I contact the broker?
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2939 Cummings Hwy
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