1603 Williams St Chattanooga, TN 37416
This exceptional investment opportunity presents a package sale of two fully leased, income-producing retail properties totaling 10,560 to 12,600 square feet. Located in Chattanooga, Tennessee's historic Southside district, these three-story buildings boast prominent addresses at 1603 Williams Street and 1808 Cowart Street, zip code 37416, within Hamilton County. The properties benefit from their proximity to the city center, the Tennessee Riverfront, and a state university, ensuring high visibility and foot traffic. Convenient access to interstate highways is available within one mile. The properties are zoned for Urban Commercial Mixed use (UCX-3 and URA-3), offering flexibility for a variety of commercial uses. Parcel numbers are 145K-K-005 and 145K-N-017. This portfolio is ideally situated near the ongoing development at The Bend, promising continued growth and appreciation in the area. The asking price for this exceptional package is $4,631,900. This represents a rare chance to acquire a significant retail presence in a thriving, historic Chattanooga neighborhood. Don't miss this opportunity to secure a strong, income-generating asset in a rapidly developing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
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.