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510 W Manning St - NORTH SHORE Redevelopment Opportunity 0.51 Acres of Commercial Land Offered at $1,750,000 in Chattanooga, TN 37405
Investment Highlights
- Highest and best use may be a residential attached development
- Easy access to downtown Chattanooga
- Walkable to the shops, dining, and boutiques of Frazier Avenue
Executive Summary
Prime NORTH SHORE redevelopment opportunity situated on 0.51 acres. An existing building of 3 suites totaling appx. 4,000 sqft, provides interim income potential while a long-term development strategy is executed. Zoned E-RM-3 within the Form Based Code Overlay, highest and best use may be a residential attached development. The surrounding townhome communities already established on neighboring lots. Location is a primary asset. The property is walkable to the shops, dining, and boutiques of Frazier Avenue and is located minutes from Whole Foods, Publix, Coolidge and Renaissance Parks. Easy access to downtown Chattanooga via the Walnut Street Bridge or Market Street Bridge or Hwy 27. Residents benefit from proximity to the full range of amenities that downtown Chattanooga offers, placing this site in the path of continued growth and investment. Could be an opportunity for investors or developers seeking to maximize North Shore's momentum, or an owner-user with long-term vision. Take advantage of this rare opportunity today!
(Any and all property lines on photos are simulated and are approximate. Buyer is responsible to do their due diligence to verify that all information is correct, accurate and for obtaining any and all restrictions for the property deemed important to Buyer.)
(Any and all property lines on photos are simulated and are approximate. Buyer is responsible to do their due diligence to verify that all information is correct, accurate and for obtaining any and all restrictions for the property deemed important to Buyer.)
Property Facts
1 Lot Available
Lot
| Price | $1,750,000 | Lot Size | 0.51 AC |
| Price Per AC | $3,431,372.55 |
| Price | $1,750,000 |
| Price Per AC | $3,431,372.55 |
| Lot Size | 0.51 AC |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
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510 W Manning St - NORTH SHORE Redevelopment Opportunity
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