Craftworks Office Building | 201 W Main St
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Craftworks Office Building 201 W Main St
59,486 SF 100% Leased Office Building Chattanooga, TN 37408 For Sale
Investment Highlights
- Located in the dynamic & emerging South Chattanooga corridor
- Purchase price includes two income producing professionally managed parking lots
- Fully renovated in 2012, the building boasts historical preservation with all the modern amenities that new tenants desire
- Ideal Investment Opportunity in Chattanooga's hottest market
- Adjacent to the new AAA baseball stadium - an exciting development that will connect the South Broad District to Chattanooga's Downtown
Executive Summary
CBRE is pleased to announce the opportunity to purchase 201 West Main Street (“the Property”), a unique historical building consisting of 59,486 SF of fully leased office and restaurant space situated in the vibrant Southside District. Located in the heart of Chattanooga, the three story office building is occupied by publicly traded companies with long-term leases, and the popular ground floor restaurant, The Feed Table & Tavern, which occupies 6,744 SF with a patio.
The property also includes two stabilized fully leased & professionally managed parking lots with stabilized annual income.
The property also includes two stabilized fully leased & professionally managed parking lots with stabilized annual income.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
59,486 SF
Building Class
B
Year Built
1907
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
19,829 SF
Building FAR
1.69
Lot Size
0.81 AC
Opportunity Zone
Yes
Zoning
U-SH-4 - Urban Zoning, 4 level height max
Parking
17 Spaces (0.29 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Banking
- Controlled Access
- Property Manager on Site
- Restaurant
- Central Heating
- Natural Light
- Wooden Floors
- Air Conditioning
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Walk Score ®
Very Walkable (81)
Bike Score ®
Very Bikeable (87)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £0 | |
| Land Assessment | £0 | Total Assessment | £2,963,733 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£2,963,733
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Craftworks Office Building | 201 W Main St
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