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23 W 20th St 3,962 SF Industrial Building Chattanooga, TN 37408 $1,018,500 CAD ($257.07 CAD/SF)
Investment Highlights
- Established auto shop location with long operational history
- Seconds to I-24 and I-27 with high traffic exposure
- Adjacent parcel available for expanded site plan or assembly
- Prime Southside address near major employers and new development
- Flexible zoning supporting up to 4-story mixed-use development
- Surrounded by major auto dealerships and Enterprise Rent-A-Car
Executive Summary
23 W 20th Street presents a prime commercial asset in the fast-growing Southside district of Downtown Chattanooga, strategically located within a federally designated Opportunity Zone. Currently operating as a long-running auto repair facility, the property suits both an owner-user seeking immediate functionality and a developer targeting high-demand mixed-use redevelopment.
Just seconds from I-24 and I-27, the site offers exceptional visibility, strong traffic counts, and seamless access to Downtown, the Southside, and Chattanooga’s major automotive corridor. The property is surrounded by anchor dealerships including Mountain View Ford, Nissan, and Chevrolet, with Enterprise Rent-A-Car only two blocks away — ideal for auto-related operations or service businesses supporting nearby retailers and fleets.
Flexible zoning permits up to 4 stories of vertical development, and an adjacent parcel is available, enabling larger-scale commercial, mixed-use, or redevelopment projects. Its location near the transformative South Broad District and new Lookouts Stadium development further enhances long-term value and demand.
Positioned in an Opportunity Zone with outstanding access and redevelopment upside, this property offers a compelling blend of current utility, tax-advantaged investment potential, and strategic growth positioning.
Investment highlights
Established auto shop location with long operational history
Prime Southside address near major employers and new development
Seconds to I-24 and I-27 with high traffic exposure
Flexible zoning supporting up to 4-story mixed-use development
Adjacent parcel available for expanded site plan or assembly
Surrounded by major auto dealerships and Enterprise Rent-A-Car
Close to the new Chattanooga Lookouts Stadium redevelopment
Ideal for owner-users, auto businesses, investors, or urban developers
Just seconds from I-24 and I-27, the site offers exceptional visibility, strong traffic counts, and seamless access to Downtown, the Southside, and Chattanooga’s major automotive corridor. The property is surrounded by anchor dealerships including Mountain View Ford, Nissan, and Chevrolet, with Enterprise Rent-A-Car only two blocks away — ideal for auto-related operations or service businesses supporting nearby retailers and fleets.
Flexible zoning permits up to 4 stories of vertical development, and an adjacent parcel is available, enabling larger-scale commercial, mixed-use, or redevelopment projects. Its location near the transformative South Broad District and new Lookouts Stadium development further enhances long-term value and demand.
Positioned in an Opportunity Zone with outstanding access and redevelopment upside, this property offers a compelling blend of current utility, tax-advantaged investment potential, and strategic growth positioning.
Investment highlights
Established auto shop location with long operational history
Prime Southside address near major employers and new development
Seconds to I-24 and I-27 with high traffic exposure
Flexible zoning supporting up to 4-story mixed-use development
Adjacent parcel available for expanded site plan or assembly
Surrounded by major auto dealerships and Enterprise Rent-A-Car
Close to the new Chattanooga Lookouts Stadium redevelopment
Ideal for owner-users, auto businesses, investors, or urban developers
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 145M-A-016 | Improvements Assessment | $0 CAD (2025) |
| Land Assessment | $0 CAD (2025) | Total Assessment | $396,838 CAD (2025) |
Property Taxes
Parcel Number
145M-A-016
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$396,838 CAD (2025)
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23 W 20th St
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