25 Main StChattanooga, TN 37408

Property Details for 25 Main St

Year built

1900

Lot size

1.00 AC

Property size (Sq ft)

6,348 SF

Zone code

M1

Property type

Turn key restaurants

APN

145LAC 010 C101

APU

145LAC010C101

Description

This exceptional three-story, 13,000 square foot mixed-use building, located at 25 E Main St in Chattanooga, Tennessee's vibrant Southside district, presents a unique investment opportunity. Built in 1900 and renovated in 2008, the property boasts a prime location and currently enjoys 50% occupancy. The ground floor houses Alleia's Italian Restaurant, a 6,000 square foot establishment. The second floor offers 6,000 square feet of commercial space, currently leased to Keel Point and TextLocate, generating a substantial monthly income of $10,500 under a modified NNN lease. The third floor, a 6,000 square foot shell space, is ready for conversion into residential condominiums (plans by Tinker Ma are available) or additional office space. The building features a four-car attached garage, a rare amenity in this area. The property sits on a 16,250 square foot lot and is zoned for Mixed Use Residential/Commercial - Office. Elevator access is provided to all floors. This meticulously maintained building blends historic charm with modern upgrades, offering a compelling blend of immediate income and significant future development potential. All pertinent documents are available for review. This is a rare chance to acquire a piece of Chattanooga's Southside renaissance.

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Latitude

35.0362

Longitude

-85.3066

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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