2642 S Broad St - Vacant Land 0.41 Acres of Commercial Land Offered at $850,000 in Chattanooga, TN 37408

Rare opportunity to acquire a prime infill development site in the heart of Chattanooga's rapidly transforming South Broad District.
Located at 2642 Broad Street, this ±0.41-acre vacant parcel offers approximately 100 feet of highly visible Broad Street frontage and is positioned within one of Chattanooga's most active urban redevelopment corridors.
Now just minutes from Erlanger Park, which officially opened in April 2026 as the new home of the Chattanooga Lookouts, this property benefits from immediate proximity to one of the city's premier entertainment and community destinations. The stadium has become a year-round attraction featuring baseball, concerts, special events, and family-friendly amenities, generating increased foot traffic and continued investment throughout the South Broad District.
Situated within an Opportunity Zone, the site is surrounded by significant public and private investment, including The Bend mixed-use development, new multifamily communities, hospitality projects, restaurants, office space, and infrastructure improvements that continue to reshape the neighborhood into a vibrant live-work-play destination.
This flexible development site is well suited for a variety of uses, including:
Mixed-use development
Multifamily apartments or townhomes
Retail with upper-level residential
Boutique hotel
Office or live-work concept
Condominiums or townhomes
Long-term land investment
A major advantage of the property is its strategic location between Broad Street and Cowart Street, providing excellent visibility, multiple access points, and design flexibility, including the potential for structured or below-grade parking.
With Erlanger Park now open and additional phases of the South Broad redevelopment moving forward, opportunities to acquire well-located development sites in this corridor are becoming increasingly limited. This property offers investors and developers the chance to secure a high-visibility site in one of Chattanooga's fastest-growing urban districts while surrounding values continue to benefit from more than $1 billion in planned long-term investment throughout the South Broad redevelopment area.
More links to visit:
Jan 2026 Updates on Baseball Stadium:
Erlanger Park Home Page
https://www.timesfreepress.com/news/2025/jun/12/22m-condo-building-to-open-near-lookouts-stadium/
Virtual Park Tour
https://www.youtube.com/watch?v=5QLX64-xhWA
https://newschannel9.com/sports/sports-headlines/chattanooga-lookouts-reveal-new-era-of-baseball-at-erlanger-park-this-coming-spring?fbclid=IwY2xjawMQHWZleHRuA2FlbQIxMABicmlkETFrVVpiTlR2bU9KY2xkOGROAR54tp799tg1b3SpQU4ws1gutePLi_znvJSIHv-mbe77qR7StNoAZJNZEePaEQ_aem_Gg_s6ypD1ZAowUdOXiISAA
https://www.chattanoogan.com/2026/1/20/513683/Hilco-Global-Provides-47.5-Million.aspx
Home Team Website
Additional Information on Surrounding Growth:
https://www.timesfreepress.com/news/2025/jul/16/70m-southside-gardens-neighborhood-planned-near/
https://www.wdef.com/hamilton-county-approves-south-broad-stadium-development/
https://www.local3news.com/local-news/270-million-worth-of-development-coming-to-south-broad-with-new-lookouts-stadium/article_7d6e3dbe-18e8-11ed-91c0-f39518db1cbd.html
https://www.chattanoogan.com/2025/3/31/501505/Mixed-Use-Development-Planned-For-Broad.aspx
https://www.southbroad.info/
https://www.southbroad.info/the-deal
https://www.thebendchattanooga.com/
https://youtu.be/jLUM7iVD32s
https://youtu.be/WvrKNTbtkbw
Investment highlights
0.41-acre infill site
approx. 100’ Broad Street frontage
Opportunity Zone
South Broad redevelopment corridor
near stadium district
near The Bend mixed-use project
mixed-use / multifamily potential
strong appreciation upside
urban core development site