2001 Long St Chattanooga, TN 37408
For Lease
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This unique Southside Chattanooga property presents a rare investment opportunity. The former filling station, built in 1966, boasts a 2100 square foot building and a substantial 1500 square foot canopy, ideal for expansion or covered outdoor seating. Situated on a nearly half-acre lot, ample parking is readily available. The property's zoning is UCX, allowing for a variety of uses. The building itself is classified as Class C and is a single-tenant space, currently configured as a restaurant, bar, and office. The substantial size of the lot and the existing building provide significant flexibility for future development. This property is located in Hamilton County and is designated as an Opportunity Zone, offering potential tax advantages for qualified investors. The building's history adds character and charm, while its size and location provide a strong foundation for a variety of commercial ventures. The existing structure offers immediate occupancy, allowing for a quick start on any redevelopment or repurposing plans. The large canopy provides significant covered space, perfect for outdoor dining, additional storage, or expansion of the existing building footprint. This property is a blank canvas for a creative entrepreneur or investor looking to capitalize on the vibrant Southside Chattanooga market. Contact the listing agent for access.
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
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.