111 7Th StChattanooga, TN 37402

Property Details for 111 7Th St

Year built

1915

Lot size

0.10 AC

Property size (Sq ft)

10,901 SF

Property type

Office properties

Property subtype

Other office properties

APN

145D A 010

APU

145DA010

Description

This stunning, renovated 4-story commercial building (plus lower level) in downtown Chattanooga offers 12,000 square feet of versatile space, ideal for creative office, traditional office, or coworking uses. Originally built in 1912 and meticulously renovated in 2024, this Class B property boasts luxury finishes and a prime location adjacent to the new Park Tower residential condos. The building features four suites, ranging from 500 to 2,900 contiguous square feet, with a minimum divisible space of 500 square feet. High 10-foot ceilings, a second-floor skylight, and convenient parking add to the appeal. The building sits on a 0.15-acre lot (3,861 square feet) with a 1.09 FAR. Its central location provides unparalleled access to premier shopping, dining, and outdoor activities. The property includes one elevator and 480-volt power. Property taxes are $1.21 per square foot. Zoning is designated as 'x'. This landmark building presents a unique opportunity for businesses seeking a prestigious address in the heart of Chattanooga.

• CAP approach

  CAP return

  Valuation

  6%

  $2,305,609

  6.5%

  $2,128,254

  7%

  $1,976,236

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,775,664

  Geo Method

  $2,126,349

• Alternative Use

  Use

  Valuation

  Residential

  $2,639,036

  Hospitality

  $2,417,342

  Educational

  $2,011,200

  Medical

  $2,080,369

  Retail

  $3,128,534

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Latitude

35.0486

Longitude

-85.308

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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