719 Cherry StChattanooga, TN 37402
- Office properties
- 6,720 SF
Property Details for 719 Cherry St
- Year built
- 1920
- Lot size
- 0.07 AC
- Property size (Sq ft)
- 6,720 SF
- Zone code
- C3
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 145DAD 007
- APU
- 145DAD007
Description
This Class A, 3,850 sq ft office space at 719 Cherry Street, Suite 200, Chattanooga, TN 37402, is situated in the Central Business District. Originally built in 1912 and extensively renovated in 2014, the building boasts 11-foot ceilings, exposed brick, and restored wood features. The single-tenant space, part of a 6,000 sq ft building, offers a flexible open layout ideal for collaborative work environments. Amenities include a glass-enclosed conference room, a full kitchen, casual meeting areas, and a private staff shower on the second floor. The building is three stories, with power provided by the tenant. Property taxes are $3.84 per square foot. While there is no on-site parking, the location offers convenient access to 7th Street. The zoning is FBC Chattanooga - D-CX-12. This exceptional space is perfect for businesses seeking a blend of historic character and modern functionality.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,421,309
- 6.5%
- $1,311,978
- 7%
- $1,218,265
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,094,621
- Geo Method
- $1,310,803
-
Alternative Use
- Use
- Valuation
- Residential
- $1,626,852
- Hospitality
- $1,490,188
- Educational
- $1,239,819
- Medical
- $1,282,458
- Retail
- $1,928,607
Location Insight
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Latitude
- 35.0477
- Longitude
- -85.3087
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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