308 W 47th St Chattanooga, TN 37410

Spaces For Lease

at 308 W 47th St Contact us

Listing Agency Keller Williams Realty Greater Downtown

Listed by Jeremy Parker · License #TN 321116

Source Crexi

Added: Jul 26, 2024 Checked: Jul 16 at 8:47 am

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Investment Insights

Based on property information with market context.

Two separate lots are available for lease, situated just behind St. Elmo on W 31st St. Parcel 1 encompasses 2.7 acres and is primarily fenced in and completely paved, featuring 3 gated entrances. Parcel 2 is a 1.7-acre gravel lot, fully fenced in and located at the bottom of the 2.7-acre parcel. The lease terms are for 12 months only, with a bilateral 6-month option to extend. The vacant office building on site is not included in the lease but could be negotiated separately. The lots are available together or separately but cannot be further subdivided. The lease rate is $1,500 per acre per month.

Key Highlights

• Prime Location: Situated directly behind St. Elmo on W 31st St.
• Substantial Acreage: Total of 4.4 acres with a 2.7‑acre paved lot and 1.7‑acre gravel lot.
• Secure and Ready: Both lots are fully fenced with gated entrances.

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FAQs

What type of property is this?

Commercial land - Two commercial lots available for lease near St. Elmo.

Where is this commercial land located?

The property is located at 308 W 47th St Chattanooga, TN.

What is the lease rate?

The lease rate is $15,000 /Mo.

What are key features of this property?

This property features: Prime Location: Situated directly behind St. Elmo on W 31st St.; Substantial Acreage: Total of 4.4 acres with a **2.7‑acre paved lot** and 1.7‑acre gravel lot.; Secure and Ready: Both lots are fully fenced with gated entrances.