?Located just minutes from Downtown Chattanooga, 1030 Oak Street and 657 O'Neal Street present a unique opportunity to acquire two adjacent parcels totaling approximately 0.15± acres in one of Chattanooga's rapidly evolving urban neighborhoods.?
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?Offered together, the properties are zoned RN-3 (Urban Residential Neighborhood) and C-MU1 (Mixed-Use Commercial), providing flexibility for a variety of small-scale urban infill developments.?
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?The combined acreage is well suited for a boutique residential or mixed-use project, such as townhomes, a small multifamily development, live/work units, or other neighborhood-scale concepts permitted by the zoning.?
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?Immediately adjacent to the Bexley Townhomes community, the property benefits from the momentum of recent redevelopment in the area.? The Bexley development introduced 56 modern townhomes, reflecting strong demand for higher-density urban housing and helping transform the surrounding neighborhood.?
?The site's central location offers exceptional connectivity to many of Chattanooga's largest employment, healthcare, and educational centers:
?Approximately 1 mile to Downtown Chattanooga
?Less than 1 mile to the University of Tennessee at Chattanooga (UTC)
?Minutes from Erlanger Health System
?Minutes from CHI Memorial Hospital
?Convenient access to Interstate 24 and U.?S.? Highway 27
?Close to Chattanooga's Southside, The Chattanooga Zoo and Warner Park, MLK Boulevard, the Innovation District, Warehouse Row, restaurants, breweries, and major employers
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?Zoning Descriptions
?RN-3 (Urban Residential Neighborhood) allows a variety of residential uses, including:
?Single-family homes
?Duplexes
?Townhomes
?Small-scale multifamily housing
?Cottage-style developments
?Accessory dwelling units (subject to applicable regulations)
?Certain civic and institutional uses
?C-MU1 (Mixed-Use Commercial) permits a broad range of neighborhood-oriented uses, including:
?Multifamily residential
?Mixed-use residential/commercial buildings
?Office space
?Retail
?Restaurants and cafés
?Personal and professional services
?Medical and wellness offices
?Live/work spaces
?Other neighborhood-serving commercial uses
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?Whether envisioned as a small townhome project, boutique multifamily development, or neighborhood mixed-use concept, these parcels offer an opportunity to capitalize on Chattanooga's continued urban growth in a highly accessible location.?
