Lee Highway Redevelopment
5950 LEE HWY Chattanooga, TN 37421
5950 LEE HWY, Chattanooga, TN, 37421
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For Sale
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Commercial building with additional vacant lot on Lee Highway.
Property Size5,130 SF
Lot Size0.50 Acres
Price / SF$291.42
Days on Market68
Property Features for 5950 LEE HWY
General Information
- Standard status
- Active
- Size
- 5,130 SF
- Lot size
- 0.50 Acres
- Property subtype
- Retail, Office, Self Storage
Building Details
- Year Built
- 1973
Listing Agency
RE/MAX Real Estate Center
(423) 664-6644
Listed by
Cliff Butler · License #303081
Source
Crexi
Added: May 11 Checked: Jul 16 at 9:14 am
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 RE/MAX Real Estate Center
Investment Insights
Based on property information with market context.
Located along the highly traveled Lee Highway corridor, this offering includes a commercial property at 5950 Lee Hwy and an adjoining vacant lot at 5942 Lee Hwy. The additional approximately 0.50 acre parcel directly behind the site creates an outstanding commercial opportunity with additional expansion potential. The extra land gives investors, developers, and owner-users added flexibility. Strategically positioned with excellent visibility and quick access to I-75, Hamilton Place, East Brainerd, Downtown Chattanooga, and North Georgia, the property benefits from strong daily traffic counts and consistent commercial activity surrounding the area. The commercial property is ideal for retail, office, automotive, showroom, contractor yard, medical, or mixed commercial use. The inclusion of the vacant lot significantly increases the property’s functionality and future upside. Investors can capitalize on the additional land for expansion of existing improvements, additional income-producing structures, outdoor storage or contractor use, increased parking capacity, future redevelopment opportunities, multi-tenant commercial concepts, or billboard income. The property is positioned in a rapidly growing section of Chattanooga, offering close proximity to the Hamilton Place retail district, Chattanooga Airport, East Brainerd, Downtown Chattanooga, Ringgold & Fort Oglethorpe, Georgia, and major national retailers and restaurants. The existing commercial property has a size of 5130 square feet.
Key Highlights
- Includes an additional 0.50± acre vacant lot for expansion, development, or parking.
- Located on highly traveled Lee Highway with excellent visibility and strong traffic exposure.
- Offers convenient access to I‑75, Hamilton Place, East Brainerd, Downtown Chattanooga, and North Georgia.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Patriot Concrete
Construction Company
Similar For Sale Nearby
FAQs
What type of property is this?
Retail property - Commercial building with additional vacant lot on Lee Highway.
Where is this retail property located?
The property is located at 5950 LEE HWY Chattanooga, TN.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Includes an additional 0.50± acre vacant lot for expansion, development, or parking.; Located on highly traveled Lee Highway with excellent visibility and strong traffic exposure.; Offers convenient access to I‑75, Hamilton Place, East Brainerd, Downtown Chattanooga, and North Georgia.
