2507 Mccallie Ave Chattanooga, TN 37404-3304
This exceptional investment opportunity presents two commercial buildings totaling 3,175 square feet on a combined 0.32-acre lot in Chattanooga, Tennessee. Located on McCallie Avenue, these properties boast 100 feet of frontage, providing excellent visibility and signage potential. The buildings, constructed between 1920 and 1925, are situated near major medical facilities including Parkridge Medical Center, CHI Memorial Hospital, and Encompass Health, as well as McCallie School. Conveniently located less than 10 minutes from downtown Chattanooga and 15 minutes from the Chattanooga Airport, this property offers easy access to key areas. The zoning is C-2, allowing for versatile use, including office, retail, or residential conversion, or even complete redevelopment. One building (1,686 sq ft) previously served as office/medical space, while the other (1,489 sq ft) was used for storage. Rear parking is accessible via a driveway, with additional parking available in front of both buildings. The property is being sold as-is, and includes a bus line location. The asking price is $390,000.
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Jennifer A Hartline Pediatrician Medical Clinic
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
C2 · Chattanooga, TNCosts & 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.