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    2507 Mccallie Ave Chattanooga, TN 37404

    For Sale
    $390,000

    Chattanooga Office Buildings, High Visibility

    Property size:
    3,175 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity presents two commercial buildings totaling 3,175 square feet on a combined 0.32-acre lot in Chattanooga, Tennessee. Located on McCallie Avenue, these properties boast 100 feet of frontage, providing excellent visibility and signage potential. The buildings, constructed between 1920 and 1925, are situated near major medical facilities including Parkridge Medical Center, CHI Memorial Hospital, and Encompass Health, as well as McCallie School. Conveniently located less than 10 minutes from downtown Chattanooga and 15 minutes from the Chattanooga Airport, this property offers easy access to key areas. The zoning is C-2, allowing for versatile use, including office, retail, or residential conversion, or even complete redevelopment. One building (1,686 sq ft) previously served as office/medical space, while the other (1,489 sq ft) was used for storage. Rear parking is accessible via a driveway, with additional parking available in front of both buildings. The property is being sold as-is, and includes a bus line location. The asking price is $390,000.

    Property Features for 2507 Mccallie Ave

    General Information

    Property type
    Office space
    Square Feet
    3,175 SF
    Lot Size
    13,939 SF

    Building Details

    Year Built
    1920
    Buildings
    2
    Stories
    1

    HighLights

    • $390,000 asking price for a 3,175 SF creative office property.
    • Two 1‑story buildings totaling 3,175 square feet on a 0.32‑acre lot.
    • Located at 2507 & 2509 McCallie Ave, Chattanooga, TN 37404, with C‑2 zoning.
    • Built between 1920‑1925, offering redevelopment potential for office, retail, or residential use.
    • Excellent visibility with 100 feet of frontage on McCallie Ave, near major medical facilities and downtown Chattanooga.
    • Broker co‑op available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jennifer A Hartline Pediatrician

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply 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
    -85.265094882563
    Latitude
    35.032367889249

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    FAQs

    What type of property is this?
    Office space - Chattanooga Office Buildings, High Visibility
    Where is this office space located?
    The property is located at 2507 Mccallie Ave Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $390,000.
    What are key features of this property?
    This property features: $390,000 asking price for a 3,175 SF creative office property.; Two 1-story buildings totaling 3,175 square feet on a 0.32-acre lot.; Located at 2507 & 2509 McCallie Ave, Chattanooga, TN 37404, with C-2 zoning.
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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
    2507 Mccallie Ave Chattanooga, TN 37404
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