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    2001 Long St Chattanooga, TN 37408

    For Lease
    $20 SF/Yr ($3,507 /Mo)

    Historic building, prime location, high potential.

    Lot size:
    2,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This unique 2,100 square foot creative office space, formerly a filling station, presents a remarkable opportunity in Chattanooga's vibrant South Side district. Built in 1966 and renovated in 2011, the single-story building sits on a 0.46-acre lot (1500 sq ft canopy included) providing ample space for expansion or outdoor seating. The property boasts 35 total parking spaces, a significant advantage in this desirable area. The zoning is U-CX, allowing for a variety of uses, making it ideal for a restaurant, retail establishment, or creative office space. The property's location at 2001 Long St, Chattanooga, TN 37408, near the intersection of W 20th Street, ensures high visibility and accessibility. Power is supplied by EPB. This property is situated within an Opportunity Zone, offering potential tax advantages for qualified investors. The building's history adds character and charm, while its recent renovation ensures modern functionality. This is a rare chance to acquire a versatile property with significant upside in a thriving Chattanooga neighborhood. The property's APN is 145M B 017.

    Property Features for 2001 Long St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,100 SF
    Total Rate
    3507

    Building Details

    Year Built/Renovated
    1966/2011
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    3,500 SF
    Rate per SF
    $20

    HighLights

    • Bright, open interior layout.
    • Covered patio.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Realty agency Law Firm Nail Salon Clothing Store Pharmacy Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.3104511
    Latitude
    35.0317696

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    FAQs

    What type of property is this?
    Restaurant - Historic building, prime location, high potential.
    Where is this restaurant located?
    The property is located at 2001 Long St Chattanooga, TN.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Bright, open interior layout.; Covered patio.;
    Request Owner's contact information
    2001 Long St Chattanooga, TN 37408
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    Chattanooga, TN 37408
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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
    2001 Long St Chattanooga, TN 37408
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