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    1437 Market St Chattanooga, TN 37402

    Sponsored
    For Lease
    $30 SF/Yr ($16,855 /Mo)

    Chattanooga retail space, high traffic area

    Lot size:
    6,742 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,742 square foot retail property, located at 1437 Market Street in Chattanooga, Tennessee, presents a unique investment opportunity. Built in 1930 and renovated in 2014, this Class B building boasts a prime location directly across from the historic Chattanooga Choo Choo Hotel, ensuring high visibility and foot traffic. The property features two suites, with 3,415 square feet currently vacant, offering significant potential for a variety of uses. The versatile space includes attractive exposed brick walls and timbers, and a private enclosed rear courtyard patio. Its zoning (U-SH-4) allows for diverse commercial ventures, including retail, restaurants, bars, nightclubs, delis, and event spaces. The property's prominent storefront and convenient access to major highways and public transportation guarantee excellent accessibility for customers. With a total of 6,742 square feet and a Hamilton County APN of 145L B 011, this property offers a rare chance to establish or expand a business in Chattanooga's vibrant Market Street district. Annual property taxes are $4.88 per square foot. The single-story building provides ample space for customization to suit various business needs. Don't miss this chance to secure a thriving location in a bustling area.

    Property Features for 1437 Market St

    General Information

    Property type
    Wedding venues
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,742 SF
    Class
    B
    Total Rate
    16855

    Building Details

    Year Built/Renovated
    1930/2014
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    1437 Market Street
    Size
    3,415 SF
    Rate per SF
    $35

    HighLights

    • 6,742 SF retail building at 1437 Market St, Chattanooga, TN.
    • High visibility across from the historic Chattanooga Choo Choo Hotel, ensuring high daily traffic.
    • Completely renovated in 2014.
    • Features an enclosed courtyard.
    • 3,415 SF currently vacant, offering flexible commercial use (U‑SH‑4 zoning).
    Property Profile Location Intelligence

    Current Use by Public Records

    Wedding venues

    Suggested Use

    Restaurant Spa & Massage Dental Office Realty agency Hair Salon Nail Salon Building Supply Pharmacy Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.307404367148
    Latitude
    35.037320202958

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    FAQs

    What type of property is this?
    Wedding venue - Chattanooga retail space, high traffic area
    Where is this wedding venue located?
    The property is located at 1437 Market St Chattanooga, TN.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 6,742 SF retail building at 1437 Market St, Chattanooga, TN.; High visibility across from the historic Chattanooga Choo Choo Hotel, ensuring high daily traffic.; Completely renovated in 2014.
    Request Owner's contact information
    1437 Market St Chattanooga, TN 37402
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    Chattanooga, TN 37402
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1437 Market St Chattanooga, TN 37402
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