Log In/Sign Up
Your email has been sent.
406 High St 4,300 SF 100% Leased Office Building Chattanooga, TN 37403 $1,580,000 ($367.44/SF) 6% Cap Rate
Investment Highlights
- Heart of the Downtown Art District
- Walking Distance to all of Downtown Chattanooga
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,300 SF
Building Class
C
Year Built
1920
Price
$1,580,000
Price Per SF
$367.44
Cap Rate
6%
NOI
$94,800
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
1,075 SF
Building FAR
1.62
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
U-CX-6 - U-CX zoning unlocks high-upside investment potential with flexible residential, retail, service, and commercial uses in a prime walkable area.
Amenities
- 24 Hour Access
- Signage
- Air Conditioning
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 135M-F-012 | Total Assessment | $220,320 |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
Property Taxes
Parcel Number
135M-F-012
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$220,320
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 35
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
406 High St