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    1025 11Th St Chattanooga, TN 37403

    For Sale
    $499,000

    Prime Retail Space, Vacant, 2976 sq ft

    Property size:
    2,976 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This vacant storefront at 1025 E 11th St, Chattanooga, TN 37403, presents a remarkable opportunity for retail investors. The 2,976 square foot building, constructed in 1945, is offered for sale by owner at $499,000, translating to a price per square foot of $167.67. Located in Hamilton County, this property boasts a highly visible location ideal for a variety of retail uses, including restaurants or offices. The open layout allows for flexible floor planning to accommodate diverse business needs. The property's size and location offer excellent potential for high customer traffic and visibility. This is a chance to establish or expand a business in a vibrant Chattanooga neighborhood. The property is currently vacant, providing immediate occupancy for the new owner. This presents a unique opportunity to customize the space to perfectly suit your business requirements and create a thriving retail presence in a desirable Chattanooga location. The property is ready for immediate occupancy and offers a blank canvas for a new business venture. Don't miss this chance to secure a prime retail space in a thriving area of Chattanooga.

    Property Features for 1025 11Th St

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,976 SF

    Building Details

    Year Built
    1945

    HighLights

    • $499,000 asking price for a vacant storefront in Chattanooga, TN.
    • 2,976 square feet of retail space.
    • $167.67 price per square foot.
    • Located at 1025 E 11th St, Chattanooga, TN 37403.
    • Built in 1945.
    • For sale by owner.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency 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
    -85.2933626
    Latitude
    35.0381497

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Space, Vacant, 2976 sq ft
    Where is this individual retail property located?
    The property is located at 1025 11Th St Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: $499,000 asking price for a vacant storefront in Chattanooga, TN.; 2,976 square feet of retail space.; $167.67 price per square foot.
    Request Owner's contact information
    1025 11Th St Chattanooga, TN 37403
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    Chattanooga, TN 37403
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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
    1025 11Th St Chattanooga, TN 37403
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