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Property profile & analytics
OFF-MARKET
Specialty properties

430 Market St Chattanooga, TN 37402

12,000 SF Built 1920
Property ID
Property summary
AI-generated overview

This exceptional 12,000 square foot, two-story office building, located at 430 Market Street in Chattanooga, Tennessee's vibrant Downtown Business District, offers a unique opportunity. Currently, 3,960 square feet of space is immediately available, divisible to a minimum of 3,960 square feet and expandable up to 5,410 contiguous square feet. Built in 1920 and renovated in 2002, the Class B building features 15-foot ceilings, creating a spacious and adaptable environment. The property boasts four suites in total and includes a convenient 12-space parking lot with tenant-reserved options. The location is highly desirable, situated directly adjacent to a tenant-reserved parking lot, behind Taziki's Restaurant, next to Print Cubes, and across from Jack's Alley and Panera Bread. The space features an open work area, five large offices, a conference room, a kitchenette, and two restrooms. A mezzanine level adds approximately 1,272 square feet of additional space, currently used for storage, with three enclosed glass offices. The building allows for signage, and the landlord may offer some existing office furniture and cubicle partitions. Utilities and janitorial services are tenant-paid. Estimated taxes and insurance are $1.62 per square foot, with CAM charges capped at $0.75 per square foot. The property is served by EPB power and is equipped with a sprinkler system. Zoning is D-SH-8, and the property is located within the Downtown Opportunity Zone. The property is offered "as is," but the landlord may provide improvements for long-term leases (3+ years). Potential for future expansion of approximately 1,400 square feet exists above the current space.

Property profile
Verified
Property type Specialty properties
Year built 1920
Total area 12,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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