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26516523
26516548

100 Market Street, units 101-103, Chattanooga, TN 37402 For Sale

GF
TN TN 305329, GA GA 339584 (+1)
Grace Frank Group
Listed by Grace Frank Group
$995,000
332 days on market
Updated 3 days ago
Opportunity zone

100 Market Street, Units 101-103

Details
Property Type Retail
Sub Type Bar, Restaurant (+1)
Square Footage 2,900
Net Rentable (SqFt) 2,900
Units 3
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Term 36
Lease Expiration 05/20/2027
Remaining Term 1.2
Price per SqFt $31
Broker Co-Op No
Class A
Year Built 2001
Year Renovated 2024
Buildings 1
Zoning DSH-6
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 05/20/2024
Occupancy Date 05/01/2024
Ground Lease No
Ownership LLC
Sale Condition For sale by owner

100 Market Street, Units 101-103 Prime Downtown Opportunity

Marketing description

Prime Downtown Opportunity

Situated on Market Street close to the the riverfront—one of Chattanooga’s most prominent commercial corridors—this property offers exceptional visibility and accessibility.

Flexible Zoning
Designated
D-SH-6, the zoning supports a wide variety of uses, including retail, restaurant, and office. The building is currently operating as a restaurant with a full commercial kitchen. The existing lease runs for another year at $7,500 per month plus utilities.

Strong Market Growth
Downtown Chattanooga continues to see robust rental growth and heightened demand for quality retail and office space. Several new hotels are slated to open within the next 6 to 12 months, further fueling area activity and customer traffic.

Value-Add Potential
This property is ideal for investors seeking appreciation in a thriving market or for business owners planning to expand their footprint in the near future.

Investment highlights

Prime Downtown Opportunity

Situated on Market Street close to the the riverfront—one of Chattanooga’s most prominent commercial corridors—this property offers exceptional visibility and accessibility.

Flexible Zoning
Designated
D-SH-6, the zoning supports a wide variety of uses, including retail, restaurant, and office. The building is currently operating as a restaurant with a full commercial kitchen. The existing lease runs for another year at $7,500 per month plus utilities.

Strong Market Growth
Downtown Chattanooga continues to see robust rental growth and heightened demand for quality retail and office space. Several new hotels are slated to open within the next 6 to 12 months, further fueling area activity and customer traffic.

Value-Add Potential
This property is ideal for investors seeking appreciation in a thriving market or for business owners planning to expand their footprint in the near future.

Listing Contacts

GF
TN TN 305329, GA GA 339584 (+1)
Grace Frank Group
Listed by Grace Frank Group

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Additional Information

Name
Grace Frank
License
TN 305329
Title
TN
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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