Mixed Use: Retail, Event Space, or Micro Loft 2200 Glass St 16,376 SF 100% Leased Retail Building Chattanooga, TN 37406 £687,418 (£41.98/SF)

INVESTMENT HIGHLIGHTS

  • Five minutes from city center of Chattanooga
  • New roof and 78 new windows
  • Interior has 1920's charm to include antique brick walls

EXECUTIVE SUMMARY

The building was built in 1923 and has recently gone through some major updates. The TPO (Thermoplastic Polyolefin) roof is under 6 years old, 78 new windows, Single Phase 2- 200 Amp breakers, wood trimmed columns on the first floor, two floors consisting of 16,376 SF, a 2,500 SF horseshoe-shaped mezzanine, a 500 SF office/Apt w/bathroom, a freight elevator w/all components and parking lot for 15 plus cars. The building is clean and has the 1920's charm that occurred in architecture from that era. The building would fit multiple needs such as, but not limited to, retail, medical, commercial, restaurant, event center, dance studio, condos, warehouse, church or mixed use.
The area is under development. An IGA grocery store is one of the newest additions to the neighborhood. The city is installing new sidewalks and landscaping which will further update the neighborhood.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
16,376 SF
Building Class
C
Year Built
1923
Price
£687,418
Price Per SF
£41.98
Percent Leased
100%
Number of Floors
2
Building FAR
0.87
Lot Size
0.43 AC
Zoning
C-2 - C-2 zoning allows for Convenience Commercial, intended for retail, consumer service, financial, restaurant, and office uses.
Parking
25 Spaces (1.53 Spaces per 1,000 SF Leased)
Frontage
271 ft on Glass Street

AMENITIES

  • Corner Lot
  • Mezzanine
  • Signalised Junction

PROPERTY TAXES

  • Listing ID: 30887784

  • Date on Market: 06/02/2024

  • Last Updated:

  • Address: 2200 Glass St, Chattanooga, TN 37406