124 E 10th St - Storefront Retail/Office FOR SALE


Chattanooga, TN 37402- City Center
$1,200,000 USD
423-752-0177
124 E 10th St, Chattanooga, TN for Sale
$1,200,000 USD
Storefront Retail/Office - FOR SALE
1/18
null | Request Cap Rate

124 E 10th St
Chattanooga, TN 37402
City Center


OVERVIEW

Fully net leased building in downtown Chattanooga, TN. Adjacent to the Dwell Hotel. Broad’s Lounge occupies the entire premises on a ten year lease term that commenced in February 2023. Full roof replacement (2025) Storefront glass replacement + framing (2023) HVAC code upgrades and repairs (2023) Asbestos/lead remediation (2023) Minimal Landlord responsibilities. Excellent passive investment. This is an operating business, and there will be no property tours without an agreeable Letter of Intent.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$310 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Bar, Freestanding

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Lindsay Street

LAND ACRES

0.05 AC

LAND SF

2,091 SF

ZONING

U-CX-6

APN/PARCEL ID

145D-X-004

ASK ABOUT THIS PROPERTY

Jack MartinFletcher Bright CompanyMore Info
423-752-0177

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Jack MartinFletcher Bright CompanyMore Info
423-752-0177

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.