Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    45 Main St Chattanooga, TN 37408-1242
    Property profile & analytics

    45 Main St Chattanooga, TN 37408-1242


    • Investment properties
    • 12,740 SF
    • 0.15 lot acres
    Off-Market
    Last Sale Oct 4, 2022
    $3,400,000
    Property ID
    US80-1858825
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,580,000
    Show details
    Cap Rate Potential
    4.6%
    Investment properties
    Location Intelligence

    Current Use by Public Records

    • Nephrology Associates / Physician
    • Belleza Nails Spa / Nail Salon
    • Love, EROS | Permanent Jewelry | Chattanooga / (Bike/Boat/Book/etc) Store
    • Sweet and Savory Classroom / Vocational School / Training Center
    • ChattaMoova / Moving Company / Storage Facility

    Property Details for 45 Main St

    Year built
    1900
    Lot size
    0.15 lot acres
    Property size
    12,740 SF
    Zone code
    M1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    145LAC 006
    APU
    145LAC006

    Description

    This exceptional Class A mixed-use property, located at 45 E Main St, Chattanooga, TN 37408, offers 12,740 square feet of leasable space in a vibrant Southside neighborhood. Built in 1900, this two-story building boasts a prime street-level location with excellent visibility and high foot traffic on Main Street. The zoning is U-SH-4. Currently, one retail space of approximately 2,997 square feet is available for lease. The property features a mix of retail and office tenants, including Belleza Nail Spa, Love EROS boutique, and Sweet & Savory Classroom. The upper floor comprises six well-appointed apartments. The building's strategic location places it steps away from popular restaurants such as Alleia, Main Street Meats, Bluegrass Grill, Niedlov's, and State of Confusion, surrounded by numerous residential and multifamily properties. The property includes one parking space. This versatile space is suitable for retail, office, or restaurant use. The total building size is 12,740 square feet, and the APN is 146 LA C 006. Tenant is responsible for verifying square footage.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,080,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,345,000
      6.5%
      $2,165,000
      7%
      $2,010,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,714,000
      Market price range: $916k - $4.18M
      AI Estimate
      $1,714,000
      Market price range: $916k - $4.18M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,305,000
      Current use
      MEDICAL BUILDING
      $3,165,000
      Change: +37% Conversion: Easy
      AUTO REPAIR, GARAGE
      $2,705,000
      Change: +17% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.3061
    Latitude
    35.036
    CBSA code
    16860
    CBSA name
    CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,563
    $0.00
    $0.00
    $427,440
    -
    $321,800
    $746,800
    $1,068,600
    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