Listed by Real Estate Partners Chattanooga LLC
$2,350,000
2401 Broad Street | Southside Mixed Use
Details
APN 145N D 003
Property Type Retail, Office
Sub Type Storefront, Shopping Center
Square Footage 6,762
Net Rentable (SqFt) 3,381
Units 4
Occupancy 50%
Tenancy Multi
Lease Type Modified
Lease Term 3
Class B
Year Built 1910
Year Renovated 2012, 2023
Buildings 1
Stories 2
Acreage 0.290
Zoning C-MU1
Parking Spaces 28 spaces
Parking per 1,000 SqFt 4.14
Ground Lease No
Sale Condition For sale by owner
Growing South Broad Corridor, and Blocks from the New Erlanger Park. HIGH VISIBILITY
Marketing description
2401 Broad is a 6,762 SF mixed-use building on one of Chattanooga's most active streets — Broad Street in the heart of the Southside. Three tenants are already in place generating income, and one suite is available for an owner-user to occupy or lease up at market rate.
The building has real bones — built in 1910, A total of 28 Spaces between the lots, situated in the South Broad District. The Southside isn't speculative anymore. This is an established corridor with sustained demand, and this property sits right in the middle of it.
For the right buyer, this is a straightforward proposition: move your business in, let the tenants offset your carrying costs, and hold an appreciating asset in a market that continues to attract capital.
Investment highlights
- 6,762 SF mixed-use building
- Zoning: C-MU1 (Commercial Mixed-Use)
- South Broad District
- 2 tenants in place | Cash flowing at closing
- 2 available suites | Owner-user ready or lease-up opportunity
- Built 1910 | Proven Southside location
- 28 on-site FREE parking spaces
- Direct access to I-24 and downtown Chattanooga
Listing Contacts
Listed by Real Estate Partners Chattanooga LLC
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