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111 7th St Chattanooga, TN 37402-1904

OFF-MARKET Office Spaces Google Maps
10,901 SF 0.1 ac lot Built 1915
Individually Owned Absentee Owner Free & Clear
Estimated value (blended)
$570k
Range $513k – $627k (±10%)
Property ID US80-1361809

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1915
Total area 10,901 SF
Lot 0.1 ac (4,380 SF)
APN 145D A 010
UPID US80-1361809

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$570k

Owner & transaction history

since 2025
Last sale
$237,000
5 recorded transactions
2026
Price N/A
2025
$237,000
2022
$4.5M
2021
$1.8M
2020
$1.6M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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