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    707 Georgia Ave Chattanooga, TN 37402

    Sponsored
    For Sale
    $648,440

    Historic Downtown Office Condo, 2236 sq ft

    Property size:
    2,236 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,236 square foot commercial condo, located in the iconic Flatiron Building at 707 Georgia Avenue, Suite G, Chattanooga, TN 37402, presents a unique investment opportunity. Built in 1911, this single-story, one-unit space is zoned D-CX-12 and offers a blend of traditional office, storefront, and restaurant suitability. The asking price is $648,440, translating to $290 per square foot. The property boasts a prime downtown location, providing high visibility and easy access to Chattanooga's vibrant business district and cultural scene. The suite features ample space for various configurations, including private offices, a conference room, an open workspace, and a break room, all designed for both functionality and aesthetic appeal. Significant storage is integrated throughout. This meticulously designed space offers a seamless fusion of modern functionality and timeless charm, making it ideal for a variety of businesses seeking a prestigious address in a high-traffic area. The property's historical significance and modern amenities combine to create an unparalleled workspace experience. This is a rare opportunity to own a piece of Chattanooga's history while enjoying the benefits of a contemporary, efficient, and well-appointed commercial space.

    Property Features for 707 Georgia Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,236 SF

    Building Details

    Year Built
    1911
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 2,236 sq ft commercial condo in Chattanooga's Flatiron Building (707 Georgia Ave, Suite G, Chattanooga, TN 37402).
    • Asking price: $648,440 ($290/sq ft).
    • D‑CX‑12 zoning allows for office, retail, and restaurant uses.
    • Prime downtown location with high visibility and access to Chattanooga's business district.
    • Features ample space for various configurations including private offices, conference room, open workspace, and break room.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shelby Fryar Counselor Farr Jesse Attorney Wilson Reporting Agency Court Reporter THE LAW OFFICE OF CHRISTOPHER ... Law Firm Flatiron Heights Condominium Complex

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.307074585832
    Latitude
    35.047993647013

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    FAQs

    What type of property is this?
    Individual retail property - Historic Downtown Office Condo, 2236 sq ft
    Where is this individual retail property located?
    The property is located at 707 Georgia Ave Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $648,440.
    What are key features of this property?
    This property features: 2,236 sq ft commercial condo in Chattanooga's Flatiron Building (707 Georgia Ave, Suite G, Chattanooga, TN 37402).; Asking price: $648,440 ($290/sq ft).; D-CX-12 zoning allows for office, retail, and restaurant uses.
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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
    707 Georgia Ave Chattanooga, TN 37402
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