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    32 Main St Chattanooga, TN 37408

    For Sale
    $2,500,000

    Prime Retail Space, High Visibility

    Property size:
    5,038 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 5,038 square foot storefront at 32 E Main St, Chattanooga, TN, is available for sale at $2,500,000. Located in the vibrant Southside District, this two-story, 1986-built building offers high visibility and excellent foot traffic. The property sits on a 5,038 square foot lot and is zoned U-SH-4. Its prime location offers easy access to I-24 and I-75, placing it conveniently near popular attractions such as the Chattanooga Choo Choo, West Village, and Chattanooga Brewing Company. The surrounding area boasts a thriving mix of local businesses, restaurants, art galleries, and entertainment venues, including the Hunter Museum of American Art and The Arts Build Community Gallery. This vacant property presents a rare opportunity to establish a business in one of Chattanooga's most desirable and rapidly growing neighborhoods. The property's central location and proximity to major roadways make it highly accessible to both residents and visitors. This is a unique opportunity to own a piece of Chattanooga's dynamic Southside.

    Property Features for 32 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    5,038 SF

    Building Details

    Year Built
    1986
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • $2,500,000 asking price for a vacant 5,038 SF storefront.
    • Located at 32 E Main St, Chattanooga, TN 37408.
    • 1‑unit, 2‑story building on a 5,038 SF lot, built in 1986.
    • Zoned U‑SH‑4; Broker co‑op available.
    • Prime Southside location with high visibility and foot traffic, near major attractions and interstate access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Spa & Massage Realty agency Dental Office Hair Salon Nail Salon Building Supply Clothing Store Pharmacy 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
    -85.306256830045
    Latitude
    35.035769778906

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Space, High Visibility
    Where is this individual retail property located?
    The property is located at 32 Main St Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: $2,500,000 asking price for a vacant 5,038 SF storefront.; Located at 32 E Main St, Chattanooga, TN 37408.; 1-unit, 2-story building on a 5,038 SF lot, built in 1986.
    Request Owner's contact information
    32 Main 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
    32 Main St Chattanooga, TN 37408
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