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    1939 Central Ave Chattanooga, TN 37408

    Sponsored
    For Sale
    $916,000

    1,930 SF Office Space, Southside, TN

    Property size:
    1,930 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,930-square-foot Class A office suite is located at 1939 Central Ave in Chattanooga, Tennessee's vibrant Southside neighborhood. Part of the brand-new Central Crossing mixed-use development (completed in 2024), this vacant space is perfect for owner-occupiers seeking a prominent location. The suite offers a flexible layout suitable for creative, executive, or traditional office uses, as permitted by the UGC zoning. The building boasts strong visibility and is situated in a rapidly growing area. On-site parking is available, a rare amenity in this urban setting. Central Crossing also includes 32 residential units, further enhancing the area's vibrancy and attracting a desirable demographic. The asking price for this unique opportunity is $916,000. This property presents a compelling investment opportunity with high potential for return, given its prime location, modern construction, and the inclusion of residential units within the building. The building consists of one structure.

    Property Features for 1939 Central Ave

    General Information

    Property type
    Office space
    Square Feet
    1,930 SF
    Class
    A

    Building Details

    Year Built
    2024
    Buildings
    1

    HighLights

    • High visibility from major thoroughfare.
    • Located in a thriving, rapidly developing neighborhood.
    • Excellent opportunity for owner‑user businesses.
    • On‑site parking available for tenants and employees.
    • Building features 32 residential units.
    Property Profile Location Intelligence

    Current Use by Public Records

    Servicio El Paisano Translation Service Tienda Maya Mexican Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.2995038
    Latitude
    35.0268393

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    FAQs

    What type of property is this?
    Office space - 1,930 SF Office Space, Southside, TN
    Where is this office space located?
    The property is located at 1939 Central Ave Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $916,000.
    What are key features of this property?
    This property features: High visibility from major thoroughfare.; Located in a thriving, rapidly developing neighborhood.; Excellent opportunity for owner-user businesses.
    Request Owner's contact information
    1939 Central Ave 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
    1939 Central Ave Chattanooga, TN 37408
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