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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
7995901
15611310

1809 Broad St, Chattanooga, TN 37408

JC
TN TN 291911
Exit Realty
NC
TN 323726
Listed by Exit Realty
$3,900,000
1365 days on market
Updated 13 days ago
Opportunity zone

Downtown Chattanooga Broad Street Development

Details
Property Type Hospitality, Mixed Use (+2)
Sub Type Apartment Building, Motel (+1)
Square Footage 31,808
Net Rentable (SqFt) 31,000
Price per SqFt $123
Class D
Year Built 1950
Buildings 1
Stories 1
Acreage 1.470
Zoning u-cx-4
Investment Type Redevelopment
Sale Condition For sale by owner

100% lot line development deal.

Marketing description

1809 Broad St Chattanooga TN , has countless possibilities a buyer can use to optimize revenue! From redevelopment of the current structure to mixed use of retail, multi-family, local business concepts or anything you can imagine, can be put here. There are many options that make sense in this last chance to own a part of downtown Chattanooga. This building is a zoned for high density with a form based code ( 100 percent lot line, vertical mixed use development ). There aren’t many parcels like this left in the heart of the city of Chattanooga. The building sits on a 1.5 acre parcel and has a built-in drive up ramp in the middle that allows access to the roof. This property is surrounded by developments all around with high end retail, large upscale apartment complexes, and 5 star cuisine options in the urban Southside of Chattanooga . This property not only has a current structure to work with, but it also has a large parking lot (parking ratio of 3.14) which is something needed in this area of the city. High traffic counts for a downtown major road , access to our local sports arena are some other bonuses that businesses can feed off as tenants for potential new complex. All options are on the table , so bring your ideas and make a statement with your development as a staple for Chattanooga for years to come.


Investment highlights

  • Zoned: u-cx-4 (high density)

  • Location: 1809 Broad Street, Chattanooga TN, 37408

  • Price: $3,699,000

  • Building Size: 31,808 SF

  • Lot Size: 1.47 acres

  • Date Constructed: 1950

  • Ample parking (3.14 parking ratio)

  • Road frontage on Broad St

Listing Contacts

JC
TN TN 291911
Exit Realty
NC
TN 323726
Listed by Exit Realty

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Additional Information

Name
Jonathan Cambell
License
TN 291911
Name
Nate Card
License
323726
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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