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    200 Market St Chattanooga, TN 37402

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    For Sale
    $2,500,000

    Prime retail/office space in downtown Chattanooga with redevelopment potential.

    Property size:
    7,660 SF

    Property Features for 200 Market St

    General Information

    Size
    7,660 SF

    Building Details

    Year built
    1994

    Source: Chandler Hale Agent Chandler Hale

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Chattanooga Retail/Office Asset

    Located on Market Street, a prominent commercial corridor in downtown Chattanooga, this property offers a flexible zoning designation of D-SH-6 in the front and D-RA-4 in the rear, supporting a wide range of uses including retail, restaurant, office, and potential residential conversion. The front portion of the building has the potential to be built up to 6 stories, while the back can be built up to 4 stories. The property presents a value-add opportunity for investors seeking redevelopment or re-tenanting. The property size is 7,660 square feet. Downtown Chattanooga is experiencing rental growth and demand for quality retail and office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sitar Indian Cuisine Indian Restaurant

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.3091382
    Latitude
    35.0546627

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    FAQs

    What type of property is this?
    Retail space - Prime retail/office space in downtown Chattanooga with redevelopment potential.
    Where is this retail space located?
    The property is located at 200 Market St Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Prime location on Market Street, a prominent commercial corridor in Downtown Chattanooga.; - Flexible zoning (D-SH-6 and D-RA-4) supports diverse uses: retail, restaurant, office, and potential residential conversion.; - Value-add opportunity for investors through redevelopment or re-tenanting.
    (865) 804-8351
    Request Owner's contact information
    200 Market St Chattanooga, TN 37402
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    Chattanooga, TN 37402
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    200 Market St Chattanooga, TN 37402
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