513 Manning StChattanooga, TN 37405

Property Details for 513 Manning St

Year built

2019

Lot size

0.17 AC

Property size (Sq ft)

5,801 SF

Zone code

R2

Property type

Retail properties

Property subtype

Other individual retail properties

APN

135C N 020

APU

135CN020

Description

This exceptional 6,560-square-foot Class A commercial property, built in 2017, offers a unique blend of style and functionality. The single-tenant space is ideal for a variety of uses, including traditional office, coworking, executive office, medical office, or creative office settings. The building features two stories and boasts a modern, industrial aesthetic with an open, high ceiling design. The interior showcases attractive epoxy concrete flooring with a stone-like finish, complemented by multiple closets and workrooms, providing ample storage and private workspace options. Exterior features are equally impressive, including unique landscaping and a covered porch that wraps around the entire building, perfect for outdoor entertaining or client meetings. The property benefits from excellent visibility and accessibility, with road frontage on two streets, providing convenient street parking and a designated pedestrian loading zone. This high-end commercial property presents a rare opportunity to secure a versatile and stylish space in a desirable location, near Cherokee Blvrd. The 1,440 square foot retail space is part of the larger 6,560 square foot building. The property is suitable for retail, office, showroom, or any commercial enterprise seeking a distinctive and functional space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,803,597

  6.5%

  $1,664,859

  7%

  $1,545,940

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,381,210

  Geo Method

  $2,851,488

• Alternative Use

  Use

  Valuation

  Residential

  $1,404,371

  Hospitality

  $1,286,396

  Educational

  $1,070,266

  Medical

  $1,107,074

  Retail

  $1,664,859

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Latitude

35.0662

Longitude

-85.3164

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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