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    701-709 Cherry St Chattanooga, TN 37402

    For Lease
    $11,000 /Mo ($19 SF/Yr)

    Recently renovated office space in historic downtown Chattanooga landmark.

    Property size:
    6,750 SF
    Lot size:
    0.16 Acres

    Property Features for 701-709 Cherry St

    General Information

    Size
    6,750 SF
    Lot size
    0.16 Acres

    Source: Charles Hawkins Co. Agent R. Stephen Prather

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

    Overview

    Downtown Chattanooga Landmark Office Space

    The property at 701 Cherry Street is located in Downtown Chattanooga. The building underwent extensive renovation recently and offers unique features. The site is a landmark, as the first Krystal Restaurant opened here in 1932, after which Krystal constructed their first corporate headquarters on the site. The available office space measures 6,750 square feet.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.3086103
    Latitude
    35.0483125

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    FAQs

    What type of property is this?
    Office space - Recently renovated office space in historic downtown Chattanooga landmark.
    Where is this office space located?
    The property is located at 701-709 Cherry St Chattanooga, TN.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Landmark building in Downtown Chattanooga; - Recently underwent extensive renovation; - Unique features separate it from average office space
    (615) 818-8429
    Request Owner's contact information
    701-709 Cherry St 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
    701-709 Cherry St Chattanooga, TN 37402
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