1601 South Holtzclaw Ave Chattanooga, TN 37404
Historic 100,300 SF property on 6.81 acres near Downtown.
Building Details
- Year built
- 1948
Source:
Svn
Listing Agent: Bob Johnson
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Adaptive-Reuse Commercial Property in Chattanooga
Located in Chattanooga's southside market, the property at 1601 S Holtzclaw Avenue is an adaptive-reuse commercial property encompassing approximately 100,300 square feet on 6.81 acres. The historic asset comprises six building units, offering a mix of creative office, commercial, and mixed-use spaces. It benefits from free on-site parking with 170 dedicated spaces. Since 2019, over $5.5 million has been invested in capital improvements, including new HVAC systems, roofing upgrades, and environmental remediation. The property is zoned for mixed-use commercial and residential development, allowing up to 5 stories of additional mixed-use, multifamily, or townhome development. It presents expansion potential for owner-users and value-add investors. The property is currently 49.1% occupied. Contiguous shell spaces of approximately 10,000 and 16,000 square feet are available for custom build-outs. The East Office Submarket has over 95% occupancy. The location provides convenient access to Main Street (US 41) and I-24, and is situated minutes from Downtown, Southside, UTC, major hospitals, and key employment centers. The surrounding area features a dense pipeline of new mixed-use and residential development within 2 miles.
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.2900848
- Latitude
- 35.0275314
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FAQs
What type of property is this?
Mixed-use property - Historic 100,300 SF property on 6.81 acres near Downtown.
Where is this mixed-use property located?
The property is located at 1601 South Holtzclaw Ave Chattanooga, TN.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: - Significant value-add opportunity with 49.1% occupancy.; - Prime location minutes from Downtown Chattanooga, Southside, UTC, major hospitals, and key employment centers.; - Development potential: UGC zoning allows up to 5 stories of additional mixed-use, multifamily, or townhome development.
