409 Market St Chattanooga, TN 37402-1204
This exceptional two-story, 5,200 square foot commercial property at 409 Market Street in downtown Chattanooga offers a unique opportunity for businesses seeking a vibrant and accessible location. Currently, 2,600 square feet of space is available for lease, with the potential to lease the entire building. The building, constructed in 1976 and extensively renovated in 2024, boasts a modern interior featuring large windows, hardwood floors, and ample electrical outlets. The flexible layout, adaptable to various business needs, includes a 16-foot ceiling height. Situated in a high-traffic area with easy access to public transportation, restaurants, and major attractions, this property provides excellent visibility and signage opportunities. The property sits on a 0.12-acre lot and is zoned D SH 8 in Hamilton County. Utilities are provided by EPB. While there are no on-site parking spaces, the central location offers convenient access to various parking options. This property is ideal for retail, office, or creative businesses seeking a dynamic downtown Chattanooga presence. The minimum leasable space is 2,600 square feet, with a maximum contiguous space of 5,200 square feet. Property taxes are $0.46 per square foot. The building consists of two suites.
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Home Bar & Pub Restaurant
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
C3 · 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.