110 Somerville Ave Chattanooga, TN 37405
Newly built mixed-use property with office and multifamily spaces.
Property size:
53,087 SFProperty Features for 110 Somerville Ave
General Information
- Size
- 53,087 SF
Building Details
- Year built
- 2023
Source:
Svn
Listing Agent: Bob Johnson
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Premier Mixed-Use Asset in Chattanooga
Located in Chattanooga's vibrant Northshore neighborhood, this mixed-use property offers high-quality office and multifamily space. The office component, known as Somer Station, is 84% occupied by two long-term NNN tenants, with a 5,000 SF suite available. The Lofts at Somer Station include 22 fully furnished apartments and are 100% occupied. The property benefits from riverfront adjacency, on-site parking, and walkable access to national retailers, local boutiques, restaurants, and galleries. Nearby amenities include Publix, Whole Foods, Chipotle, Orangetheory Fitness, and Starbucks. The property is located at 110 Somerville Ave in the Northshore neighborhood in Chattanooga, TN. Situated along the riverfront, the Northshore neighborhood is the busiest retail area in Chattanooga’s downtown market and is easily accessible for residents in Riverview, Signal Mountain, Downtown and Hixson. The location has on site parking which is rare for the area. The property has a size of 53087 SF.
Location Intelligence
Current Use by Public Records
Pathway Lending
Loan Agency
Shekari Law PLLC
Attorney
Spurgin & Mattingly, PLLC
Criminal Justice Attorney
Tomorrow Building at Somer ...
Apartment Complex
Signature Real Estate ...
Real Estate Agency
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.3132178
- Latitude
- 35.0640322
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FAQs
What type of property is this?
Mixed-use property - Newly built mixed-use property with office and multifamily spaces.
Where is this mixed-use property located?
The property is located at 110 Somerville Ave Chattanooga, TN.
What is the asking price?
The asking price for this property is $13,490,000.
What are key features of this property?
This property features: - Newly built (2023) mixed-use asset in Chattanooga's desirable Northshore neighborhood.; - High occupancy rates: 84% for office space (Somer Station) with long-term NNN leases and 100% for multifamily (Lofts at Somer Station).; - **22 fully furnished apartments providing steady multifamily income.**