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Historic Mixed-Use Building Portfolio
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Pending

731 Cherry St, Chattanooga, TN 37402

Two historic buildings offer mostly ready-to-occupy spaces with flexibility for office, retail, or residential use.

Property Size21,250 SF
Days on Market142

Property Features for 731 Cherry St

General Information

Standard status Pending
Size 21,250 SF
Property subtype Office, Retail
Zoning D-CX-12

Building Details

Buildings 2
Listing Agency: Northmarq
Listed By: Ani Paulson · License #428443
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 1:47PM

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 Northmarq

Investment Insights

Based on property information with market context.

This offering includes two historic mixed-use buildings at 723 Cherry St and 731 Cherry St, totaling 21,250 square feet. Each property is three stories, and most floors and spaces are described as ready for occupancy. The buildings are available separately or together, providing flexibility for an owner-user, leasing strategy, or future repositioning.

Both properties carry D-CX-12 zoning, a Downtown Core Commercial Mixed-Use designation that permits vertical development of up to 12 stories. The zoning supports mixed-use concepts incorporating residential, office, and retail space. The buildings are located in Chattanooga’s Innovation District, near Cooper’s Alley, the University of Tennessee at Chattanooga, and surrounding businesses.

Key Highlights

  • Two historic buildings totaling 21,250 square feet
  • 723 Cherry St and 731 Cherry St, Chattanooga, TN 37402
  • Each property is three stories tall

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Home Appliance Store (Bike/Boat/Book/etc) Store Garden Center Clothing & Fashion Store Butcher Pet Grooming Service

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

3,854
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two historic buildings offer mostly ready-to-occupy spaces with flexibility for office, retail, or residential use.
Where is this mixed-use property located?
The property is located at 731 Cherry St Chattanooga, TN.
What are key features of this property?
This property features: Two historic buildings totaling 21,250 square feet; 723 Cherry St and 731 Cherry St, Chattanooga, TN 37402; Each property is three stories tall
More about this property
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