Technical
Financial
Distress signals
Property profile

1900 E Main St Chattanooga, TN 37404

FOR SALE
Retail space
Property ID
US80-1006284
10,580 SF 1.29 ac lot Built 1960
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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For Sale
Contact for pricing 10,580 SF
1900 E Main St, Chattanooga, TN 37404
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Property summary

AI-generated overview

This exceptional 1,796 square foot flex space, located at 1900 E Main St in Chattanooga, Tennessee (zip code 37404), presents a unique opportunity for businesses seeking a versatile and conveniently located property. The building is zoned M-1 and features a single-tenant occupancy. The space currently functions as a gym, showcasing its adaptability to various business needs. A significant advantage is the inclusion of a large ground-level roll-up door, ideal for easy loading and unloading of goods. Ample parking is provided, encompassing approximately 0.25 acres of fenced land that also serves as valuable exterior storage. The flexible layout allows for customization to suit specific operational requirements. Additional fenced outdoor storage is available in the rear of the building for an extra fee. Tenant improvements are negotiable, offering flexibility in tailoring the space to a tenant's specifications. This property boasts high visibility on the rapidly developing E Main Street, ensuring excellent exposure for any business. The property's APN is 156B K 001. This prime location offers accessibility and convenience, making it an attractive option for a wide range of businesses.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Total area 10,580 SF
Lot 1.29 ac (56,192 SF)
Zoning code C2
APN 156B K 001
UPID US80-1006284

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
  • Construction Company General Contractor
  • Construction Company General Contractor
  • Property Investment Company

Location

1900 E Main St Chattanooga, TN 37404
Chattanooga metro Census 2600 CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$420k

Owner & transaction history

since 2020
3 recorded transactions
2020
$55,500
2018
$68,500
2017
$425,000

Zoning & alternative use

C2 · 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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