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2101 Chestnut St 15,557 SF 87% Leased Office Building Chattanooga, TN 37408 $3,838,780 CAD ($246.76 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Owner-User Ready: Occupy part or all of the ±15,557 SF building
  • In-Place Income: Collect rent with leases offering easy termination
  • Zoning Advantage: U-IX-4 allows up to 4 stories and 80% site coverage
  • Flexible Layout: Existing mix of flex, office, and showroom space
  • Reposition Potential: Estimated $45/SF ($700K) renovation can raise income from ~$125K to ~$302K
  • Unmatched Location: Between The Bend and Wheland Foundry’s $4B+ in planned development

EXECUTIVE SUMMARY

2101 Chestnut Street presents a unique opportunity for an owner-user to acquire ±15,557 SF of existing flex, office, and showroom space in the heart of Chattanooga’s rapidly growing South Broad District. The property offers short-term income from a diverse tenant mix and includes Termination for Convenience clauses, allowing full building control within 120 days (or less)—ideal for an owner looking to occupy part or all of the space. With solid bones and strong street presence, the building is also well-suited for a cost-effective reposition into Class A office, retail, or creative space. Zoned U-IX-4 and positioned between two transformational, billion-dollar developments—The Bend and Wheland Foundry—this site delivers both short-term utility and long-term upside.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
15,557 SF
Building Class
C
Year Built/Renovated
1982/2021
Price
$3,838,780 CAD
Price Per SF
$246.76 CAD
Percent Leased
87%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,557 SF
Building FAR
0.37
Lot Size
0.97 AC
Opportunity Zone
Yes
Zoning
Commercial - Zoned U-IX-4 under the Downtown Form-Based Code, allowing up to 4 stories and 80% site coverage with broad commercial and mixed-use potential.
Parking
47 Spaces (3.02 Spaces per 1,000 SF Leased)

AMENITIES

  • Fenced Lot
  • Storage Space
  • Outdoor Seating
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Real Estate
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

HomeVestors, also known as the “They Buy Ugly Houses” people, was formed in 1996 to give people a fast and easy way to sell a house or unwanted property for cash. Since then, they have become America’s #1 cash home buyer. Over the years they have perfected the art of the fast, easy, all-cash sale. They have come up with a proven process that gives sellers what they want most: a quick and easy selling process. A trusted buyer who shows up in person to answer their questions and walk them through the process. And a closing that is smooth, fast and easy.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Real Estate - $9.99 Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 101C
  • 1,065 SF
  • Office
  • -
  • Now

Available spaces: Suite 101D (965 sf): $1,800/month gross including utilities Suite 101C (1,065 sf): $1,700/month gross including utilities Combined (2,030 sf): $3,300/month gross including utilities

  • 1st Fl-Ste 101D
  • 965 SF
  • Office
  • -
  • Now

Available spaces: Suite 101D (965 sf): $1,800/month gross including utilities Suite 101C (1,065 sf): $1,700/month gross including utilities Combined (2,030 sf): $3,300/month gross including utilities

Space Size Space Use Condition Available
1st Fl-Ste 101C 1,065 SF Office - Now
1st Fl-Ste 101D 965 SF Office - Now

1st Fl-Ste 101C

Size
1,065 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 101D

Size
965 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 101C

Size 1,065 SF
Space Use Office
Condition -
Available Now

Available spaces: Suite 101D (965 sf): $1,800/month gross including utilities Suite 101C (1,065 sf): $1,700/month gross including utilities Combined (2,030 sf): $3,300/month gross including utilities

1st Fl-Ste 101D

Size 965 SF
Space Use Office
Condition -
Available Now

Available spaces: Suite 101D (965 sf): $1,800/month gross including utilities Suite 101C (1,065 sf): $1,700/month gross including utilities Combined (2,030 sf): $3,300/month gross including utilities

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
145K-D-024
Land Assessment
$0 CAD (2024)
Improvements Assessment
$0 CAD (2024)
Total Assessment
$733,538 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 36064866

  • Date on Market: 2025-05-31

  • Last Updated:

  • Address: 2101 Chestnut St, Chattanooga, TN 37408

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