601 Main StChattanooga, TN 37408

Property Details for 601 Main St

Year built

1947

Lot size

0.10 AC

Property size (Sq ft)

2,640 SF

Zone code

R3

Property type

Office properties

Property subtype

Other office properties

APN

145L H 015

APU

145LH015

Description

This exceptional 2,640 square foot single-tenant office building is located at 601 E Main St, Chattanooga, TN 37408, in the vibrant Southside submarket. Built in 1940 and completely renovated in 2015, this Class B property boasts a modern interior with a high-efficiency HVAC system (added 2020), steel stud partition walls with rock wool sound baffling, and high-speed internet and traditional phone lines. The single-story building features an open and airy layout designed to maximize natural light, with an 8'6" ceiling height. The property sits on a 4,357 square foot lot and includes six parking spaces. Single-phase electric power is available. The building is conveniently located between Market Street and Central Avenue, experiencing daily traffic counts exceeding 13,000 vehicles. Its prime location offers easy access to numerous restaurants, gyms, and other amenities. The surrounding area features upscale residential options, reflecting a strong property value appreciation trend supported by recent and ongoing large-scale construction projects. The property's zoning is U-CX-3, and its APN is 145L H 015. This presents a rare opportunity to lease a fully renovated, stand-alone office building in one of Chattanooga's most dynamic and rapidly developing areas. Chattanooga's "Gig City" status, with its high-speed internet and strategic location, makes it an ideal location for businesses seeking a thriving and innovative environment.

• CAP approach

  CAP return

  Valuation

  6%

  $558,372

  6.5%

  $515,420

  7%

  $478,604

• Comparable approach

  Method

  Valuation

  Relative Method

  $430,030

  Geo Method

  $514,958

• Alternative Use

  Use

  Valuation

  Residential

  $639,121

  Hospitality

  $585,431

  Educational

  $487,072

  Medical

  $503,823

  Retail

  $757,667

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Latitude

35.0337

Longitude

-85.3001

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].