Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Retail space

    2437 Glass St, Chattanooga, TN 37406

    8,358 SF 0.39 ac lot Built 1917
    Individually Owned 17-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US80-3230466
    Property summary
    AI-generated overview

    This exceptional Chattanooga commercial property at 2437 Glass Street presents a unique investment opportunity. Boasting 8,358 square feet on a 0.11-acre lot, this versatile building offers endless possibilities for a variety of uses. Imagine transforming this space into offices, retail shops, creative studios (art or dance), or even a unique venture like a distillery. The property benefits from significant recent renovations. A portion of the building (formerly 2435 Glass St) underwent extensive upgrades in April 2014, including new windows, plumbing, electrical wiring, a relined drain line, roof repairs, brick and mortar stabilization, roof support replacement, a new drop ceiling, light fixtures, insulation, carpeting, HVAC system, a new corner door, and pull-down metal security doors. Further improvements were made in June 2016 with the addition of a new roof to this section. More recently, in August 2022, 2437 Glass Street received substantial renovations including new windows, lead abatement, brick and mortar stabilization, debris removal, and a new roof. These upgrades were completed by TU Parks. The property also features a rear opening, ideal for potential dock or loading access. This is a rare chance to acquire a well-maintained, extensively renovated commercial building in a prime Chattanooga location. The asking price is $1,500,000.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1917
    Total area 8,358 SF
    Lot 0.39 ac (16,800 SF)
    Zoning code C2
    APN 137A N 015
    UPID US80-3230466
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Joseph Lautigar · 17 yrs held
    Joseph Lautigar
    since 2009
    5 recorded transactions
    2022
    2021
    2015
    2009
    $75,000
    2008
    $75,000
    Zoning & alternative use
    C2 · Chattanooga, TN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message