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23523885
23523882

413 Spears Ave, Chattanooga, TN 37405

AA
TN TN 355752
Austin Real Estate L.L.C.
Listed by Austin Real Estate L.L.C.
$1,375,000
376 days on market
Updated 9 days ago

Brick Office Building & Short Term Rental - North Shore

Details
Property Type Hospitality, Office (+1)
Sub Type Storefront, Traditional Office (+1)
Square Footage 3,693
Net Rentable (SqFt) 3,693
Units 4
Occupancy 100%
Tenancy Multi
Lease Type Gross
Broker Co-Op Yes
Class A
Year Built 1920, 2018
Year Renovated 2018
Buildings 1
Stories 2
Acreage 0.110
Zoning E-IX-3
Parking Spaces 5 spaces
Parking Per SqFt 1.35
Investment Type Owner/User
Ownership User

3 Unit Office Building plus Booming Short Term Rental

Marketing description

Beautiful brick building featuring three distinct office spaces, ideal for use by one or multiple businesses. A recently constructed upstairs apartment with stunning views of downtown and Lookout Mountain is now an active short-term rental, almost fully booked since going live and surpassing expectations! This property offers the potential for four distinct income streams: three office spaces for business tenants, plus the profitable short-term rental upstairs. Its versatile layout can accommodate a wide range of users, from offices to restaurants and anything in between. Just steps from Publix and a short walk to the restaurants and shops of Frazier Avenue, this property presents a rare opportunity to invest in one of Chattanooga’s most desirable and conveniently located neighborhoods.

Investment highlights

Please reach out to agent for the updated short term rental performance.

Listing Contacts

AA
TN TN 355752
Austin Real Estate L.L.C.
Listed by Austin Real Estate L.L.C.

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Additional Information

Name
Andrew Austin
License
TN 355752
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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