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Investment Highlights

  • Highest and best use may be a residential attached development
  • Easy access to downtown Chattanooga
  • Walkable to the shops, dining, and boutiques on Frazier Avenue
  • Use current metal building to lease or work/live space

Executive Summary

Prime NORTH SHORE redevelopment opportunity situated on 0.51 acres. An existing building of 3 suites totaling appx. 4,000 sqft, provides interim income potential while a long-term development strategy is executed. Zoned E-RM-3 within the Form Based Code Overlay, highest and best use may be a residential attached development. The surrounding townhome communities already established on neighboring lots. Location is a primary asset. The property is walkable to the shops, dining, and boutiques of Frazier Avenue and is located minutes from Whole Foods, Publix, Coolidge and Renaissance Parks. Easy access to downtown Chattanooga via the Walnut Street Bridge or Market Street Bridge or Hwy 27. Residents benefit from proximity to the full range of amenities that downtown Chattanooga offers, placing this site in the path of continued growth and investment. Could be an opportunity for investors or developers seeking to maximize North Shore's momentum, or an owner-user with long-term vision. Take advantage of this rare opportunity today!

Property Facts

Price $2,459,275 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units - Condo
  • Hold For Development
  • Hold For Investment
  • Parking Garage
  • Planned Unit Development
  • Single Family Development
Total Lot Size 0.51 AC
Zoning E-RM-3 - Urban Edge Residential Multi-Unit, 3 Stories

1 Lot Available

Lot

Price $2,459,275 CAD
Price Per AC $4,822,107.92 CAD
Lot Size 0.51 AC

Zoned E-RM-3 within the Form Based Code Overlay, highest and best use may be a residential attached development. The surrounding townhome communities already established on neighboring lots.

Description

Situated on approximately 0.51 acres in Chattanooga's North Shore, this property presents a redevelopment opportunity in one of the area's most established and walkable neighborhoods. The site includes an existing building with three suites totaling approximately 4,000 square feet, offering potential interim income while future plans are evaluated. Zoned E-RM-3 within the Form-Based Code Overlay, the property may support a variety of development possibilities, subject to buyer verification and applicable approvals. The location provides convenient access to the shops, restaurants, and boutiques along Frazier Avenue and is just minutes from Whole Foods, Publix, Coolidge Park, Renaissance Park, downtown Chattanooga, and major transportation corridors including Highway 27. Surrounded by established residential communities and ongoing investment throughout the North Shore and downtown districts, the property benefits from proximity to a wide range of amenities, employment centers, recreation, and entertainment options. Whether considered for redevelopment, investment, or future owner-user occupancy, the site offers flexibility within a highly sought-after Chattanooga location.

Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 40163845

  • Date on Market: 2026-04-15

  • Last Updated:

  • Address: 510 W Manning St, Chattanooga, TN 37405

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