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Leased Restaurant + Office/Retail Building 1804 E Main St 4 761 pi² 100% Loué Commerce de détail Immeuble Chattanooga, TN 37404 1 729 438 $ CAD (363,25 $ CAD/pi²) 4,50% Taux de capitalisation
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Résumé de l'annonce
Seller financing available! Terms negotiable. Positioned along one of the most rapidly transforming corridors in Chattanooga, this multi-parcel offering presents a compelling blend of stable income, land value, and long-term redevelopment potential.
The property features a 2,641 SF all-brick restaurant, originally constructed in 1920, secured by a NNN lease, providing immediate passive income. Adjacent is a 2,120 SF office/retail building well-suited for continued tenancy or future repositioning.
What truly distinguishes this opportunity is the strategic assemblage of three parcels:
0.21-acre improved parcel (restaurant + office/retail)
0.18-acre large parking lot
0.11-acre vacant parcel
This configuration offers rare flexibility for investors seeking both current yield and future upside. The dedicated parking lot and vacant land significantly enhance redevelopment feasibility — a valuable advantage along the fast-growing E Main St / Southside submarket.
Surrounded by ongoing residential, retail, and mixed-use development, the location benefits from sustained corridor momentum, increasing density, and strong long-term appreciation drivers.
Ideal for:
? Long-term investors
? Land-bank strategies
? Value-add / redevelopment plays
? Mixed-use visionaries
Lease details available upon request.
The property features a 2,641 SF all-brick restaurant, originally constructed in 1920, secured by a NNN lease, providing immediate passive income. Adjacent is a 2,120 SF office/retail building well-suited for continued tenancy or future repositioning.
What truly distinguishes this opportunity is the strategic assemblage of three parcels:
0.21-acre improved parcel (restaurant + office/retail)
0.18-acre large parking lot
0.11-acre vacant parcel
This configuration offers rare flexibility for investors seeking both current yield and future upside. The dedicated parking lot and vacant land significantly enhance redevelopment feasibility — a valuable advantage along the fast-growing E Main St / Southside submarket.
Surrounded by ongoing residential, retail, and mixed-use development, the location benefits from sustained corridor momentum, increasing density, and strong long-term appreciation drivers.
Ideal for:
? Long-term investors
? Land-bank strategies
? Value-add / redevelopment plays
? Mixed-use visionaries
Lease details available upon request.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Taille du bâtiment
4 761 pi²
Année de construction
1930
Prix
1 729 438 $ CAD
Prix par pi²
363,25 $ CAD
Taux de capitalisation
4,50%
Revenu net d’exploitation
77 850 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,21
Taille du lot
0,51 AC
Zonage
C-C, RN-2
Principaux locataires
- Locataire
- Secteur
- pi² Occupé
- Loyer/pi²
- Type de bail
- Fin du bail
- Mean Jeen's
- Hébergement et services alimentaires
- 2 641 pi²
- -
- Loyer hypernet
- -
| Locataire | Secteur | pi² Occupé | Loyer/pi² | Type de bail | Fin du bail | |
| Mean Jeen's | Hébergement et services alimentaires | 2 641 pi² | - | Loyer hypernet | - |
Assez accessible à pied
50/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun limités
30/100
Moyennement accessible en vélo
60/100
Principaux détaillants à proximité
1 de 29
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
Présenté par
Leased Restaurant + Office/Retail Building | 1804 E Main St
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