Owner-User or Redevelopment in Prime Chattanooga Location
Unlock Value Through Adaptive Reuse in the Heart of Chattanooga’s Growth Corridor
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 in the heart of Chattanooga’s rapidly growing South Broad District. 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 looking to occupy part or all of the space. With solid bones and strong street presence, the building is also well-suited for a cost-effective reposition into Class A office, retail, or creative space. Zoned U-IX-4 and positioned between two transformational, billion-dollar developments—The Bend and Wheland Foundry—this site delivers both short-term utility and long-term upside.
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 short-term rent with leases offering easy termination
Reposition Potential: Estimated $45/SF ($700K) renovation can raise income from ~$130K to ~$302K
Zoning Advantage: U-IX-4 allows up to 4 stories and 80% site coverage
Unmatched Location: Between The Bend and Wheland Foundry’s $4B+ in planned developmentopment.
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