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    1463 Market St Chattanooga, TN 37402

    For Lease
    $20 SF/Yr

    Prime Market Street storefront, 892 sq ft available.

    Lot size:
    16,370 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 892-square-foot retail space is located at 1463 Market Street in Chattanooga, Tennessee, zip code 37402. Situated in the vibrant Southside neighborhood, at the intersection of East Main and Market Street, this property offers high visibility and foot traffic. The building, constructed in 1910 and renovated in 2005, is a two-story structure encompassing a total of 16,370 square feet and currently houses multiple tenants, including a restaurant, office space, barber/hair salon, and fitness center. This creates a synergistic environment and attracts significant public attention. The available space is part of a multi-tenant building with a total of two suites. The minimum divisible space is 892 square feet, and the maximum contiguous space available is also 892 square feet. The property sits on a 0.66-acre lot and includes eight parking spaces on-site. Additional parking is available within two blocks via passes. This presents a unique opportunity for a business seeking a high-traffic location in a thriving Chattanooga neighborhood. The property's history and recent renovations combine to offer a blend of character and modern amenities. This is an ideal space for a variety of retail uses.

    Property Features for 1463 Market St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,370 SF
    Total Rate
    27283.33

    Building Details

    Year Built/Renovated
    1910/2005
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    102 B
    Size
    892 SF
    Rate per SF
    $20

    HighLights

    • 892 SF unit with private entrance.
    • Southside location.
    • CAM included in rent.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Core Fit Pros Personal Trainer Haisten Group Inc Real Estate Appraiser Dancing Goat Tattoo Tattoo Shop Market Street Media Marketing Agency Summit Physical Therapy ... Corporate Office

    Suggested Use

    Restaurant Spa & Massage Realty agency Dental Office Hair Salon Nail Salon Building Supply Pharmacy Clothing Store 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
    -85.307574
    Latitude
    35.0365176

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    FAQs

    What type of property is this?
    Retail property - Prime Market Street storefront, 892 sq ft available.
    Where is this retail property located?
    The property is located at 1463 Market 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: 892 SF unit with private entrance.; Southside location.; CAM included in rent.
    Request Owner's contact information
    1463 Market St Chattanooga, TN 37402
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    Chattanooga, TN 37402
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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
    1463 Market St Chattanooga, TN 37402
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