23 W 20th St, Chattanooga, TN 37408 For Sale

23 W 20th Street presents a prime commercial asset in the fast-growing Southside district of Downtown Chattanooga, strategically located within a federally designated Opportunity Zone. Currently operating as a long-running auto repair facility, the property suits both an owner-user seeking immediate functionality and a developer targeting high-demand mixed-use redevelopment.

Just seconds from I-24 and I-27, the site offers exceptional visibility, strong traffic counts, and seamless access to Downtown, the Southside, and Chattanooga’s major automotive corridor. The property is surrounded by anchor dealerships including Mountain View Ford, Nissan, and Chevrolet, with Enterprise Rent-A-Car only two blocks away — ideal for auto-related operations or service businesses supporting nearby retailers and fleets.

Flexible zoning permits up to 4 stories of vertical development, and an adjacent parcel is available, enabling larger-scale commercial, mixed-use, or redevelopment projects. Its location near the transformative South Broad District and new Lookouts Stadium development further enhances long-term value and demand.

Positioned in an Opportunity Zone with outstanding access and redevelopment upside, this property offers a compelling blend of current utility, tax-advantaged investment potential, and strategic growth positioning.