25 Main StChattanooga, TN 37408
- Retail properties
- 6,348 SF
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
- Retail properties
- Property subtype
- 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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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