1410 Cowart StChattanooga, TN 37408

Property Details for 1410 Cowart St

Year built

1920

Lot size

0.27 AC

Property size (Sq ft)

16,560 SF

Zone code

M1

Property type

Office properties

Property subtype

Other office properties

APN

145L A 007

APU

145LA007

Description

This exceptional two-story office building, located at 1410 Cowart Street in Chattanooga, Tennessee, presents a unique investment opportunity. Built in 1920 and extensively renovated in 2000, this 16,560 square foot building boasts a charming blend of historic character and modern functionality. The property features attractive brick interior walls and abundant natural light, creating a welcoming and productive workspace. The building comprises approximately 11,700 square feet on the first floor and 4,860 square feet on the second floor, situated on a 0.27-acre lot. Enjoy stunning views of Lookout Mountain from this prime Southside location, within walking distance of numerous restaurants and hotels. On-site parking accommodates 8 vehicles, with ample additional options nearby. The property includes a pleasant outdoor courtyard, adding to its appeal. The building's rich history and desirable location make it an ideal investment for a variety of businesses. The asking price is $3,200,000. APN: 145L A 007.

• CAP approach

  CAP return

  Valuation

  6%

  $3,502,512

  6.5%

  $3,233,088

  7%

  $3,002,153

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,697,458

  Geo Method

  $3,230,194

• Alternative Use

  Use

  Valuation

  Residential

  $4,009,029

  Hospitality

  $3,672,249

  Educational

  $3,055,268

  Medical

  $3,160,344

  Retail

  $4,752,640

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Latitude

35.0377

Longitude

-85.3097

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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