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147 N Market St, Chattanooga, TN 37405

The Chattanooga property contains 26,080 square feet of commercial space.

Property Size26,080 SF
Days on Market2

Property Features for 147 N Market St

General Information

Standard status Active
Size 26,080 SF
Property subtype Urban-High Street

Site & Location

Neighborhood Northside Cherokee Community Association

Amenities

Rare Value-Add High Street Investment Opportunity | 3-Buildings on 2-Parcels | Convenient Parking Ratio of ~4.14 Spaces/1,000 SF
Attractive Basis With Low Price PSF | Providing a Significant Discount to Replacement Cost
Upside Potential With Low Rents and Includes 1-Vacancy (4,000 SF: 15% of GLA) on the 2nd Story Bay With Additional Outdoor Seating Potential
Curated Tenant Mix Of Popular Local Operators Driving Consistent Traffic and Community Engagement
Iconic Retro Landmark Architecture Creating a Distinctive Destination Asset Within The Submarket
Extensively Renovated Between 2024 And 2026, Including Substantial Interior and Exterior Capital Improvements on all Buildings and New Roofing Across Approx. 96% Of The GLA
PROPERTIES CAN BE PURCHASED TOGETHER OR SEPARATELY

Building Details

Building Size 26,080 SF
Year Built 1961
Listing Agency: Charlotte Uptown Office
Listed By: Andrew Margulies · License #License(s): NC: 264059, IL: 475.147606
Source: Marcusmillichap
Added: Oct 28 Last Checked: Oct 28 at 4:15PM

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 Charlotte Uptown Office

Rey
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Investment Insights

Based on property information with market context.

This storefront property at 147 N Market St in Chattanooga, Tennessee, contains 26,080 square feet. The building was constructed in 1961.

Key Highlights

  • 26,080‑square‑foot storefront property
  • Built in 1961
  • Located at 147 N Market St in Chattanooga, TN

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Creel Financial Services Financial Advisor parkingmgt.com Parking Lot & Garage Rice John T Law Firm Trimble Insurance LLC Insurance Agency

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store HVAC Service Auto Parts Store Garden Center Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,417
Businesses Nearby
128k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 63% Dining 23% Shops & Services 11% Home Improvements & Furnishings 2%
Publix Groceries
47,413 visits/mo 0.2 miles
Whole Foods Market Groceries
33,836 visits/mo 0.3 miles
Shell Shops & Services
13,823 visits/mo 0.2 miles
First Watch Dining
8,867 visits/mo 0.2 miles
Starbucks Dining
7,160 visits/mo 0.0 miles

Demographics for 37405, TN

18,231
Population
9,959
Households
1.8
Avg Household Size
36
Median Age
53%
College-Educated
92%
High-School Grad
54.3 sq mi
ZIP Area
336
Density / Sq Mi
$77,850
Median Household Income
$51,748
Median Earnings
$1,276
Median Rent
$416,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - The Chattanooga property contains 26,080 square feet of commercial space.
Where is this storefront property located?
The property is located at 147 N Market St Chattanooga, TN.
What are key features of this property?
This property features: 26,080‑square‑foot storefront property; Built in 1961; Located at 147 N Market St in Chattanooga, TN
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