1804 E Main St - Retail FOR SALE


Chattanooga, TN 37404- Ridgedale-Oak Grove-Clifton Hills
$1,500,000 USD
423-664-1999
1804 E Main St, Chattanooga, TN for Sale
$1,500,000 USD
Retail - FOR SALE
1/28
null | 4.69% Cap Rate


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$315 USD /SF

CAP RATE

4.69%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Leased Restaurant + Office/Retail Building

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Bar, Restaurant, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

C-C, RN-2

APN/PARCEL ID

156B M 027,156B M 028.01,156B M 028.02

ASK ABOUT THIS PROPERTY

Jeremy ParkerKeller Williams Realty - ChattanoogaMore Info
423-664-1999

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Jeremy ParkerKeller Williams Realty - ChattanoogaMore Info
423-664-1999

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