1900 Main StChattanooga, TN 37404

Property Details for 1900 Main St

Year built

1960

Lot size

1.29 AC

Property size (Sq ft)

10,580 SF

Zone code

C2

Property type

Retail properties

Property subtype

Retail space

APN

156B K 001

APU

156BK001

Description

This exceptional 1,796 square foot flex space, located at 1900 E Main St in Chattanooga, Tennessee (zip code 37404), presents a unique opportunity for businesses seeking a versatile and conveniently located property. The building is zoned M-1 and features a single-tenant occupancy. The space currently functions as a gym, showcasing its adaptability to various business needs. A significant advantage is the inclusion of a large ground-level roll-up door, ideal for easy loading and unloading of goods. Ample parking is provided, encompassing approximately 0.25 acres of fenced land that also serves as valuable exterior storage. The flexible layout allows for customization to suit specific operational requirements. Additional fenced outdoor storage is available in the rear of the building for an extra fee. Tenant improvements are negotiable, offering flexibility in tailoring the space to a tenant's specifications. This property boasts high visibility on the rapidly developing E Main Street, ensuring excellent exposure for any business. The property's APN is 156B K 001. This prime location offers accessibility and convenience, making it an attractive option for a wide range of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $3,289,443

  6.5%

  $3,036,409

  7%

  $2,819,522

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,342,908

  Geo Method

  $5,200,612

• Alternative Use

  Use

  Valuation

  Residential

  $2,561,324

  Hospitality

  $2,346,159

  Educational

  $1,951,977

  Medical

  $2,019,108

  Retail

  $3,036,409

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Latitude

35.0255

Longitude

-85.28

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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