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Molly Ln
Chattanooga, TN 37402
Molly Lane & Riverfront Pky · Land For Sale · 1.25 AC

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Multifamily
  • Hospitality
Total Lot Size 1.25 AC
Cross Streets Riverfront Parkway
Zoning C-3 - Commercial

Description

We are pleased to present this 1.25 acre parcel in Chattanooga' s new & only residential community in the city on the water. Located along the banks of the Tennessee River near Ross' s Landing, Cameron Harbor is home to a neighborhood of single family craftsman homes, elegant townhomes, private boat slips, Marriot Hotel, Restaurant pad on the riverfront, luxury apartment living, and direct access to the Tennessee Riverwalk. This parcel is being presented to you as a proposed Class-A apartment or condo development opportunity. However, this parcel works great for all types of other development possibilities. This site will include 18 boat slips built with completion expected by end of 2015. Boat slips will each be 20' x 50' and are each expected to bring $750/monthly rental. Cameron Harbor is in the heart of Downtown Chattanooga on the banks of the Tennessee River. Renderings are for a proposed 60 unit apartment complex designed to fit on this parcel. Condo development would also be a great possible use for this parcel given the option on the 18 high-end private boat slips. Boat slips are estimated to each bring $750/month. Developer is willing to sell the land separate from the boat slips depending on the terms of the agreement. There is also a Restaurant Pad available behind the Spring Hill Suites that will allow for a 6,500 SF restaurant.

Property Taxes

Property Taxes

Parcel Number
135N-A-008
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$437,500
  • Listing ID: 5118255

  • Date on Market: 12/8/2016

  • Last Updated:

  • Address: Molly Ln, Chattanooga, TN 37402

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