Southside Development
For Sale
$1,350,000
1240 E Main Street, Chattanooga, TN 37408
Unique development opportunity at Main & Holtzclaw in Chattanooga.
Property Size1 SF
Price / SF$1,350,000
Days on Market257
Property Features for 1240 E Main Street
General Information
Standard status
Active
Size
1 SF
Property subtype
Land
Listing Agency:
NAI Charter Real Estate
(423) 255-8555
Listed By:
Jeff Jennings, CCIM · License #295488
(423) 255-8555
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: Aug 4 at 5:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Charter Real Estate
Investment Insights
Based on property information with market context.
This unique Southside development opportunity is located at the intersection of Main Street and Holtzclaw Avenue in Chattanooga. The UGC zoning currently allows for a two-story minimum up to a four-story maximum development, with the building to be developed on the road frontage. Conceptual layouts of the site, drafted by H&K architects, are available in the marketing package. The entire 1-acre property is above the 100-year flood. A Nashville-based developer, MiKen, will be developing Park Central Lofts just south of the subject property on Holtzclaw. This residential development will feature condos priced from $300,000 to $600,000. In addition, there will be 33,000 square feet of commercial space occupied by the Austin Hatcher Foundation, as well as 25,000 square feet more of commercial space.
Key Highlights
- Prime Southside development opportunity at the intersection of Main & Holtzclaw.
- UGC zoning allows for a two to four story building development.
- Conceptual layouts from H&K architects are included.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,292
Businesses Nearby
Explore this area
Business Placement
Demographics for 37408, TN
3,353
Population
1,945
Households
1.7
Avg Household Size
33
Median Age
59%
College-Educated
96%
High-School Grad
2.1 sq mi
ZIP Area
1,597
Density / Sq Mi
$91,000
Median Household Income
$65,377
Median Earnings
$1,338
Median Rent
$460,000
Median Home Value
Market
Properties on Market for Land in Chattanooga
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Unique development opportunity at Main & Holtzclaw in Chattanooga.
Where is this land located?
The property is located at 1240 E Main Street Chattanooga, TN.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Prime Southside development opportunity at the intersection of Main & Holtzclaw.; UGC zoning allows for a two to four story building development.; Conceptual layouts from H&K architects are included.
