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809 Market St 7,325 SF 45% Leased Retail Building Chattanooga, TN 37402 $1,779,798 CAD ($242.98 CAD/SF) 3.14% Cap Rate
INVESTMENT HIGHLIGHTS
- Historic Building: The "Hardie and Caudle" Building built in 1890
- Upscale Office Space: the 2,000 SF upstairs office space is ideal for professionals, entrepreneurs, or businesses seeking a prestigious address
- Exposed brick and wooden beams
- Income-Generating Opportunity: with a proven track record of rental income, this property offers a stable source of revenue through its tenants
- High ceilings, large windows, and ample natural light
- Access to private rooftop deck
EXECUTIVE SUMMARY
Located in the heart of downtown Chattanooga, TN, this stunning historic building is a rare find for investors and entrepreneurs alike. With its rich history and architectural charm, this property offers a unique blend of character and functionality, perfect for a variety of uses.
Key Features:
• Historic Building: The “Hardie and Caudle Building” Built in 1890
• Income-Generating Opportunity: With a proven track record of rental income, this property offers a stable source of revenue through its ground floor tenants
• Upscale Office Space: The 2,000 sq. ft. upstairs office space is ideal for professionals, entrepreneurs, or businesses seeking a prestigious address. Features include:
- High ceilings and large windows
- Exposed brick and wooden beams
- Ample natural light
- Access to a private rooftop deck
• Additional Amenities:
- Adjacent surface and street parking for tenants and visitors
- Central location with easy access to public transportation
- Opportunity for renovation and expansion to increase value and rental income
Key Features:
• Historic Building: The “Hardie and Caudle Building” Built in 1890
• Income-Generating Opportunity: With a proven track record of rental income, this property offers a stable source of revenue through its ground floor tenants
• Upscale Office Space: The 2,000 sq. ft. upstairs office space is ideal for professionals, entrepreneurs, or businesses seeking a prestigious address. Features include:
- High ceilings and large windows
- Exposed brick and wooden beams
- Ample natural light
- Access to a private rooftop deck
• Additional Amenities:
- Adjacent surface and street parking for tenants and visitors
- Central location with easy access to public transportation
- Opportunity for renovation and expansion to increase value and rental income
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,325 SF
Building Class
C
Year Built
1890
Price
$1,779,798 CAD
Price Per SF
$242.98 CAD
Cap Rate
3.14%
NOI
$55,837 CAD
Percent Leased
45%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
1.48
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
D-CX-12 - Commercial
Frontage
28’ on Market St St
AMENITIES
- Bus Line
- Signage
Walk Score®
Very Walkable (85)
Bike Score®
Biker's Paradise (96)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 145DA-B-006 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $408,438 CAD |
PROPERTY TAXES
Parcel Number
145DA-B-006
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$408,438 CAD
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809 Market St
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