Log In/Sign Up
Your email has been sent.
2401 Broad Street 3,381 SF Office Building Chattanooga, TN 37408 $2,350,000 ($695.06/SF)
Executive Summary
Growing South Broad Corridor, and Blocks from the New Erlanger Park. HIGH VISIBILITY! Averages 8,000 vehicles per day on Broad St and 114,000 vehicles per day on I-24 and Moccasin Bend!
2401 Broad is a 6,762 SF mixed-use building on one of Chattanooga's most active streets — Broad Street in the heart of the Southside. Two tenants are already in place generating income, and one suite is available for an owner-user to occupy or lease up at market rate.
The building has real bones — built in 1910, A total of 28 FREE parking spaces between the lots, situated in the South Broad District. The Southside isn't speculative anymore. This is an established corridor with sustained demand, and this property sits right in the middle of it.
For the right buyer, this is a straightforward proposition: move your business in, let the tenants offset your carrying costs, and hold an appreciating asset in a market that continues to attract capital.
Investment highlights
6,762 SF mixed-use building
Zoning: C-MU1 (Commercial Mixed-Use)
South Broad TIF District
2 tenants in place | Cash flowing at closing
2 available suites | Owner-user ready or lease-up opportunity
Built 1910 | Proven Southside location
28 on-site FREE parking spaces
Direct access to I-24 and downtown Chattanooga
2401 Broad is a 6,762 SF mixed-use building on one of Chattanooga's most active streets — Broad Street in the heart of the Southside. Two tenants are already in place generating income, and one suite is available for an owner-user to occupy or lease up at market rate.
The building has real bones — built in 1910, A total of 28 FREE parking spaces between the lots, situated in the South Broad District. The Southside isn't speculative anymore. This is an established corridor with sustained demand, and this property sits right in the middle of it.
For the right buyer, this is a straightforward proposition: move your business in, let the tenants offset your carrying costs, and hold an appreciating asset in a market that continues to attract capital.
Investment highlights
6,762 SF mixed-use building
Zoning: C-MU1 (Commercial Mixed-Use)
South Broad TIF District
2 tenants in place | Cash flowing at closing
2 available suites | Owner-user ready or lease-up opportunity
Built 1910 | Proven Southside location
28 on-site FREE parking spaces
Direct access to I-24 and downtown Chattanooga
Property Facts
Sale Type
Owner User
Property Type
Building Size
3,381 SF
Building Class
C
Year Built/Renovated
1910/2023
Price
$2,350,000
Price Per SF
$695.06
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,934 SF
Building FAR
0.27
Lot Size
0.29 AC
Opportunity Zone
Yes
Zoning
C-MU1
Parking
28 Spaces (8.28 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 145N-D-003 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $288,600 |
Property Taxes
Parcel Number
145N-D-003
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$288,600
1 of 53
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
2401 Broad Street