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618 E Martin L King Blvd - 618 E MARTIN LUTHER KING BLVD, CHATTANOOGA 0.29 Acres of Commercial Land Offered at $650,000 in Chattanooga, TN 37403
Investment Highlights
- Heavy Daytime foot traffic
- Great Frontage
Executive Summary
Strategic ±0.29-Acre Urban Infill Site
Approximately 12,632 SF of land positioned directly along E Martin Luther King Boulevard in Chattanooga's urban core.
Exceptional Proximity to the University of Tennessee at Chattanooga
Located immediately adjacent to the greater UTC campus area, providing a strategic position near one of Downtown Chattanooga's largest institutional demand generators.
More Than 12,000 UTC Students
UTC reported record fall 2025 enrollment of 12,060 students, and the university is targeting 15,000 students by 2030, strengthening the long-term demand story surrounding the property.
$460+ Million in UTC Campus Investment
UTC announced more than $460 million in major campus construction projects, including new housing, academic facilities, dining, parking, and expansion of the Rollins College of Business.
Positioned Along the MLK / UTC Connection
The City identifies the nearby 600-800 block of MLK as directly adjacent to the University Greenway, which extends through the UTC campus and ultimately connects to the Tennessee Riverwalk.
Approximately 100 Feet of MLK Boulevard Frontage
The ±100' x 125' site configuration provides substantial frontage along the MLK corridor.
Urban Redevelopment Opportunity
Well positioned for a buyer seeking a strategic land holding, owner-user development site, or future urban infill opportunity near UTC and Downtown Chattanooga, subject to zoning and governmental approvals.
Existing Improvements Provide Optionality
Approximately 1,913 SF of existing restaurant and retail improvements are currently located on the property, allowing a purchaser to evaluate interim use while pursuing a longer-term land strategy.
Additional Assemblage Opportunity
618 E MLK is being offered individually at $650,000, with the neighboring 626 E MLK also available separately, creating an opportunity for a buyer seeking a larger strategic position along the corridor.
Property Facts
| Price | $650,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Total Lot Size | 0.29 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | Commercial | ||
| Price | $650,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.29 AC |
| Opportunity Zone |
Yes |
| Zoning | Commercial |
1 Lot Available
Lot
| Price | $650,000 | Lot Size | 0.29 AC |
| Price Per AC | $2,241,379.31 |
| Price | $650,000 |
| Price Per AC | $2,241,379.31 |
| Lot Size | 0.29 AC |
Strategic ±0.29-acre urban infill site with ±100' frontage on E MLK Blvd near UTC. Includes ±1,913 SF of existing improvements with redevelopment potential. Offered at $650,000, with neighboring 626 E MLK also available for assemblage.
Description
618 E Martin Luther King Blvd presents a rare urban infill and redevelopment opportunity positioned immediately adjacent to the University of Tennessee at Chattanooga and within Chattanooga's rapidly evolving downtown core. The property consists of approximately 0.29 acres, or 12,632 square feet of land, with approximately 100 feet of frontage along E Martin Luther King Boulevard. While the site includes approximately 1,913 square feet of existing improvements, the primary value of the offering lies in its land, highly strategic location, and long-term redevelopment potential. Located just steps from the UTC campus, the property is positioned to benefit from the university's continued growth and investment, as well as the surrounding concentration of students, faculty, staff, housing, businesses, and downtown activity. Its prominent MLK Boulevard location also provides convenient connectivity between UTC and Chattanooga's central business, entertainment, residential, and employment districts. Offered at $650,000, 618 E MLK represents an opportunity for developers, investors, and strategic land buyers to secure a well-located parcel in a supply-constrained urban environment. The property is available individually or may be considered with neighboring 626 E Martin Luther King Blvd, creating the potential for a larger assemblage and redevelopment opportunity.
Contact the Sale Advisor
618 E Martin L King Blvd - 618 E MARTIN LUTHER KING BLVD, CHATTANOOGA