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1463 Market St Chattanooga, TN 37402-4465

OFF-MARKET Office Spaces Google Maps
591 SF 1 ac lot Built 1900
Entity Owned Free & Clear
Estimated value (blended)
$150k
Range $135k – $165k (±10%)
Property ID US80-0423253

Property summary

AI-generated overview

This exceptional 892-square-foot retail space is located at 1463 Market Street in Chattanooga, Tennessee, zip code 37402. Situated in the vibrant Southside neighborhood, at the intersection of East Main and Market Street, this property offers high visibility and foot traffic. The building, constructed in 1910 and renovated in 2005, is a two-story structure encompassing a total of 16,370 square feet and currently houses multiple tenants, including a restaurant, office space, barber/hair salon, and fitness center. This creates a synergistic environment and attracts significant public attention. The available space is part of a multi-tenant building with a total of two suites. The minimum divisible space is 892 square feet, and the maximum contiguous space available is also 892 square feet. The property sits on a 0.66-acre lot and includes eight parking spaces on-site. Additional parking is available within two blocks via passes. This presents a unique opportunity for a business seeking a high-traffic location in a thriving Chattanooga neighborhood. The property's history and recent renovations combine to offer a blend of character and modern amenities. This is an ideal space for a variety of retail uses.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1900
Total area 591 SF
Lot 1 ac (43,560 SF)
Zoning code M1
APN 145L B 015 C105
UPID US80-0423253

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Real Estate Agency
  • Tattoo & Piercing Shop
  • Advertising Agency Marketing & Advertising
  • Corporate Office

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2025
Last sale
$40,000
7 recorded transactions
2025
$650,000
2025
Price N/A
2022
$480,000
2022
Price N/A
2021
Price N/A
2021
Price N/A
2020
Price N/A

Zoning & alternative use

M1 · Chattanooga, TN

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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