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Investment Highlights

  • Excellent access to I-24 and Downtown Chattanooga
  • Owner/user or value-add investment opportunity
  • Heavy Industrial (I-H) zoning with flexible industrial use potential

Executive Summary

Investment or Owner/User Opportunity – Industrial Warehouse Near Downtown Chattanooga
Located just minutes from Downtown Chattanooga with convenient access to I-24, this masonry industrial building offers an excellent opportunity for an owner/user or investor seeking functional warehouse space in an established industrial corridor.
Originally constructed in approximately 1949, the building features classic barrel truss construction, masonry exterior walls, and a functional warehouse layout. The warehouse provides approximately 12 feet of clear height to the bottom of the trusses, with approximately 17 feet of height to the roof deck at the peak. The building is well suited for warehouse, light manufacturing, fabrication, distribution, or service-related industrial uses.
The property is currently occupied by two month-to-month tenants, providing immediate income while offering flexibility for a future owner to occupy all or a portion of the building.
With its central location, functional industrial improvements, flexible occupancy, and close proximity to Downtown Chattanooga and I-24, this property is well positioned for its next owner.
Showing Instructions:
All showings must be coordinated through the listing agent. Please do not enter the property without prior authorization. The building is occupied by operating businesses, and unauthorized access may disrupt tenant operations.

Property Facts

Sale Type
Owner User
Property Type
Retail
Building Size
19,087 SF
Year Built/Renovated
1949/1967
Price
$1,200,000
Price Per SF
$62.87
Tenancy
Single
Building Height
1 Story
Building FAR
0.58
Lot Size
0.75 AC
Zoning
M1 - I-H (Heavy Industrial) zoning allows a broad range of warehouse, manufacturing, fabrication, distribution, and industrial uses
Frontage
120’ on 28th St
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Krystal
Rent-A-Center

Property Taxes

Property Taxes

Parcel Number
156J-G-044
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$167,480
  • Listing ID: 41330848

  • Date on Market: 7/17/2026

  • Last Updated:

  • Address: 2305 E 28th St, Chattanooga, TN 37407

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