

Owner-User or Redevelopment in Prime Chattanooga Location
Less than 1/2 mile from Erlanger Park, new home of the Chattanooga Lookouts!
Marketing description
2101 Chestnut Street presents a unique opportunity for an owner-user or investor to acquire ±15,557 SF of existing flex, office, and showroom space on ±0.97 acres in the heart of Chattanooga’s rapidly evolving South Broad District. Located less than half a mile from the brand-new Erlanger Park, home of the Chattanooga Lookouts minor league baseball team, the property is positioned near one of the city’s most significant redevelopment corridors.
The property offers short-term income from a diverse tenant mix and includes Termination for Convenience clauses, allowing full building control within 120 days or less—ideal for an owner user looking to occupy part or all of the space. With solid bones, strong street presence, and flexible existing improvements, the building is well-suited for a cost-effective reposition into elevated office, retail, showroom, or creative flex space.
Zoned U-IX-4 and located near the Wheland Foundry redevelopment, Erlanger Park, and the broader South Broad District transformation, 2101 Chestnut offers both immediate utility and long-term upside in one of Chattanooga’s most closely watched growth corridors.
Investment highlights
- Owner-User Ready: Occupy part or all of the ±15,557 SF building
- Flexible Layout: Existing mix of flex, office, and showroom space
- In-Place Income: Collect rent from a diverse tenant mix with leases offering flexible termination rights
- Reposition Potential: Estimated $45/SF ($700K) renovation can increase NOI from ~$126K to ~$302K
- Zoning Advantage: U-IX-4 allows up to 4 stories and 80% site coverage on 0.97 acres
- South Broad Location: Positioned near the Wheland Foundry redevelopment and less than 1/2 mile from Erlanger Park, the brand-new home of the Chattanooga Lookouts!
Listing Contacts


Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?






















