Three-Level Cigar Lounge and Club

723 CHERRY ST, Chattanooga, TN 37402

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For Sale

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Fully improved three-level downtown property built for upscale cigar lounge operations and private events.

Type:Retail, Hospitality, Special Purpose

Property size:

6,500 SF

Price / SF:

$250/SF

HighLights

Three‑level commercial property totaling approximately 6,500 SF, built in 1930
Downtown Chattanooga location with a purpose‑built cigar lounge and private club buildout
Main and second levels include approximately 4,500 SF of retail and lounge space plus an executive boardroom
Glass‑enclosed Spanish cedar humidor with approximately 130 Davidoff cigar lockers
Cigar‑specific air management system with carbon filtration, radiant heat, and German‑designed humidification
Third‑floor level offers approximately 2,000 SF for events and entertainment, including billiards tournaments

We can help!

Listing Contact

Shawn Matthews

Learn more

For Sale

Contact for pricing

Fully improved three-level downtown property built for upscale cigar lounge operations and private events.

Type:Retail, Hospitality, Special Purpose

Property size:

6,500 SF

Price / SF:

$250/SF

Added:: Jun 9, 2026
Days on Market:: 12
Last Refresh:: Jun 20 at 6:13 am

Property Features for 723 CHERRY ST

General Information

Standard status: Active
Size: 6,500 SF
Property subtype: Retail, Hospitality, Special Purpose

Building Details

Year Built: 1930

We can help!

Listing Contact

Shawn Matthews

Listing agent Shawn Matthews License #314204

Listing office Coldwell Banker Kinard Realty

Listing date Jun 9, 2026

Source Crexi

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 Coldwell Banker Kinard Realty

HighLights

Three‑level commercial property totaling approximately 6,500 SF, built in 1930
Downtown Chattanooga location with a purpose‑built cigar lounge and private club buildout
Main and second levels include approximately 4,500 SF of retail and lounge space plus an executive boardroom
Glass‑enclosed Spanish cedar humidor with approximately 130 Davidoff cigar lockers
Cigar‑specific air management system with carbon filtration, radiant heat, and German‑designed humidification
Third‑floor level offers approximately 2,000 SF for events and entertainment, including billiards tournaments

Overview

Located at 723 Cherry Street in downtown Chattanooga, this fully improved three-level commercial building totals approximately 6,500 SF and is purpose-built for an upscale cigar lounge and private club environment. The main and second levels include approximately 4,500 SF of premium retail and lounge space with extensive custom infrastructure. Interior features include a glass-enclosed Spanish cedar humidor, custom display cabinetry, approximately 130 humidified cigar lockers, an executive boardroom, luxury lounge seating, integrated audio/visual systems, and a Davidoff-branded double-sided fireplace, along with a heated outdoor patio.

Operational support is engineered specifically for cigar use, including a sophisticated air management system with carbon filtration, radiant heat, radiant heated floors, and a German-designed humidification system. Ownership reports investing more than $250,000 into the HVAC and air circulation systems alone.

An additional third-floor level adds approximately 2,000 SF of event and gathering space currently used for billiards tournaments, private events, and entertainment. This flexible layout supports a range of operating models, including memberships, private functions, corporate events, and hospitality or specialty concepts that can leverage the existing cigar lounge improvements.

Location Intelligence

Current Use by Public Records

Bars & Pubs

Suggested Use

Similar Places Nearby

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The Social — 1110 Market St, Chattanooga, TN 37402
Moxy Hotel — Chattanooga, TN 37402

Location Insight

Map
Local Demand

City: Chattanooga
County: Hamilton
State: Tennessee
Longitude: -85.3085279
Latitude: 35.0476674

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For sale
Bars & Pubs
TN
Chattanooga
37402
723 CHERRY ST

What type of property is this?

Bar & Pub - Fully improved three-level downtown property built for upscale cigar lounge operations and private events.

Where is this bar & pub located?

The property is located at 723 CHERRY ST Chattanooga, TN.

What is the asking price?

The asking price for this property is $1,625,000.

What are key features of this property?

This property features: Three‑level commercial property totaling approximately 6,500 SF, built in 1930; Downtown Chattanooga location with a purpose‑built cigar lounge and private club buildout; Main and second levels include approximately 4,500 SF of retail and lounge space plus an executive boardroom