2642 Broad St, Chattanooga, TN 37408

This 0.41-acre vacant land parcel is located on Broad Street in Chattanooga, TN, between Broad Street and Cowart Street. It features nearly 100 feet of frontage along Broad Street. The site is positioned across from one of Chattanooga's largest vacant industrial areas, stretching to the interstate, Tennessee River, and Moccasin Bend. Construction is underway on a new baseball stadium (Erlanger Park) slated to open Spring 2026. The neighboring parcel to the south includes historic brick buildings at the corner of W 27th Street, while the parcel to the north is also vacant. The lot offers versatile development options, including potential for a basement or below-grade parking. Located in the Southside Gardens area, the neighborhood is undergoing redevelopment, with plans for new single-family and multifamily homes on nearby vacant lots. A $22 million condo development broke ground in June 2025 at the corner of 26th and Cowart Street, featuring a four-story, 43-unit luxury condo building. Another $70 million development announced in July 2025 will include 61 three-story units, split between 21 multiunit townhouses and 40 duplexes with European-style touches and ample garden space. A "model mixed-use development" is planned at South Broad and 33rd Streets, including a 100-room boutique hotel, 80,000 square feet of residential space, 60,000 square feet for office, 16,500 square feet for retail and a 13,000-square-foot food hall. The location provides connectivity with access to Hwy 27 and I-24. The property is near the River Walk's Chestnut Street Trailhead, major attractions, The Bend, outdoor recreation, dining, entertainment venues, and multiple interstates (I-75, I-24, I-59).