Historic Renovated Office
For Sale
Contact for pricing
714 Cherry St, Chattanooga, TN 37402
Net-leased ground and second floor offices include 3+ years remaining, with a 4,000 SF third-floor clean shell available.
Property Size4,000 SF
Days on Market123
Property Features for 714 Cherry St
General Information
Standard status
Active
Size
4,000 SF
Total Parking Spaces
5
Property subtype
Office, Mixed Use
Amenities
green roof
living wall
climbing wall
millwork from renewable resources
salvaged scrap metal railing
translucent polycarbonate walls
low flow plumbing fixtures
high-efficiency lighting and HVAC systems with CO2 sensors
shower with changing area
interior bike rack
Building Details
Year Renovated
2007
Stories
3
Listing Agency:
SVN Second Story Real Estate Management
(423) 400-0723
Listed By:
J. Matthew McGauley · License #TN 291079
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 5:52PM
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 SVN Second Story Real Estate Management
Investment Insights
Based on property information with market context.
This historic office building underwent a major redevelopment in 2007, bringing the century-old Hamilton Hotel structure into a modern commercial use. The property received Gold Level LEED certification and was honored for historical renovation excellence. Key building features include a green roof, a living wall on the western exterior facade, and a climbing wall in the lobby, along with translucent polycarbonate walls for light transference and low-flow plumbing fixtures. The building also includes high-efficiency lighting and HVAC systems with CO2 sensors, an on-site shower with changing area, and an interior bike rack.
The ground floor and second floor are currently on a net lease with Asa Engineering, with 3+ years remaining on the base term. The third floor is offered as clean shell space ready for buildout. A fire rating is currently in place that would allow for residential use. There are five parking spaces behind the building.
The 4,000 SF third-floor space provides the opportunity to tailor interior improvements while retaining the building’s established systems and unique architectural redevelopment elements.
The ground floor and second floor are currently on a net lease with Asa Engineering, with 3+ years remaining on the base term. The third floor is offered as clean shell space ready for buildout. A fire rating is currently in place that would allow for residential use. There are five parking spaces behind the building.
The 4,000 SF third-floor space provides the opportunity to tailor interior improvements while retaining the building’s established systems and unique architectural redevelopment elements.
Key Highlights
- Major 2007 redevelopment of the century‑old Hamilton Hotel building at 714 Cherry St, earning Gold Level LEED certification
- Green features include a green roof, living wall, climbing wall in the lobby, low‑flow plumbing fixtures, and high‑efficiency lighting and HVAC with CO2 sensors
- Net‑leased ground floor and second floor offices with 3+ years remaining on the base term; current NOI is approx. $100,000
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,036
Businesses Nearby
Explore this area
Business Placement
Demographics for 37402, TN
4,464
Population
3,207
Households
1.4
Avg Household Size
38
Median Age
30%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
3,434
Density / Sq Mi
$28,829
Median Household Income
$42,515
Median Earnings
$673
Median Rent
$460,000
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Net-leased ground and second floor offices include 3+ years remaining, with a 4,000 SF third-floor clean shell available.
Where is this office building located?
The property is located at 714 Cherry St Chattanooga, TN.
What are key features of this property?
This property features: Major 2007 redevelopment of the century‑old Hamilton Hotel building at 714 Cherry St, earning Gold Level LEED certification; Green features include a green roof, living wall, climbing wall in the lobby, low‑flow plumbing fixtures, and high‑efficiency lighting and HVAC with CO2 sensors; Net‑leased ground floor and second floor offices with 3+ years remaining on the base term; current NOI is approx. $100,000
