1140 16th St Chattanooga, TN 37408-2301
The Mill, a historic 1912 Class B office building in Chattanooga, TN (37408), offers flexible office space options. Located at 1140 E 16th St, this property features a total of 50,264 square feet, with spaces ranging from 1,099 to 3,261 contiguous square feet available for lease. The building is zoned UGC and offers multiple tenancy options, making it suitable for a variety of businesses. Several configurations are available, including shell space ideal for build-outs to suit specific needs, and fully built-out suites (101 and 102) featuring conference rooms and individual offices in turnkey condition. The property sits on one acre of land and includes 77 on-site parking spaces. While elevators are not present, tenant improvements may be negotiated depending on lease terms and intended use. This unique property, formerly an event space, presents a compelling opportunity for businesses seeking a blend of historic charm and modern adaptability in a vibrant Chattanooga location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M1 · Chattanooga, TNChattanooga. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.