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809 Market St 7,325 sq ft 45% Let Retail Property Chattanooga, TN 37402 £953,738 (£130.20/sq ft) 3.14% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Historic Building: The "Hardie and Caudle" Building built in 1890
- Upscale Office Space: the 2,000 SF upstairs office space is ideal for professionals, entrepreneurs, or businesses seeking a prestigious address
- Exposed brick and wooden beams
- Income-Generating Opportunity: with a proven track record of rental income, this property offers a stable source of revenue through its tenants
- High ceilings, large windows, and ample natural light
- Access to private rooftop deck
EXECUTIVE SUMMARY
Located in the heart of downtown Chattanooga, TN, this stunning historic building is a rare find for investors and entrepreneurs alike. With its rich history and architectural charm, this property offers a unique blend of character and functionality, perfect for a variety of uses.
Key Features:
• Historic Building: The “Hardie and Caudle Building” Built in 1890
• Income-Generating Opportunity: With a proven track record of rental income, this property offers a stable source of revenue through its ground floor tenants
• Upscale Office Space: The 2,000 sq. ft. upstairs office space is ideal for professionals, entrepreneurs, or businesses seeking a prestigious address. Features include:
- High ceilings and large windows
- Exposed brick and wooden beams
- Ample natural light
- Access to a private rooftop deck
• Additional Amenities:
- Adjacent surface and street parking for tenants and visitors
- Central location with easy access to public transportation
- Opportunity for renovation and expansion to increase value and rental income
Key Features:
• Historic Building: The “Hardie and Caudle Building” Built in 1890
• Income-Generating Opportunity: With a proven track record of rental income, this property offers a stable source of revenue through its ground floor tenants
• Upscale Office Space: The 2,000 sq. ft. upstairs office space is ideal for professionals, entrepreneurs, or businesses seeking a prestigious address. Features include:
- High ceilings and large windows
- Exposed brick and wooden beams
- Ample natural light
- Access to a private rooftop deck
• Additional Amenities:
- Adjacent surface and street parking for tenants and visitors
- Central location with easy access to public transportation
- Opportunity for renovation and expansion to increase value and rental income
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Retail
Property Subtype
Property Size
7,325 sq ft
Costar Property Class
C
Year Built
1890
Price
£953,738
Price per sq ft
£130.20
Yield
3.14%
NOI
£29,921
Occupancy Rate
45%
Tenancy
Multiple
Number of Floors
2
Floor To Floor Height
10 ft
Plot ratio
1.48
Total Plot Size
0.11 ac
Opportunity Zone
Yes
Use Class
D-CX-12 - Commercial
Frontage
28 ft on Market St St
AMENITIES
- Bus Route
- Signage
Walk Score®
Easily Walkable (85)
Bike Score®
Ideal For Cyclists (96)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 145DA-B-006 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £217,647 |
PROPERTY TAXES
Parcel Number
145DA-B-006
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£217,647
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809 Market St
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