2101 Chestnut St - Office FOR SALE


Chattanooga, TN 37408- Southside
$2,395,000 USD
706-575-9881
2101 Chestnut St, Chattanooga, TN for Sale
$2,395,000 USD
Office - FOR SALE
1/24
null | 5.3% Cap Rate

2101 Chestnut St
Chattanooga, TN 37408
Southside


HIGHLIGHTS

  • Owner-User Ready: Occupy part or all of the ±15,557 SF building
  • Flexible Layout: Existing mix of flex, office, and showroom space
  • In-Place Income: Collect rent with leases offering easy termination
  • Reposition Potential: Estimated $45/SF ($700K) renovation can raise income from ~$131K to ~$302K
  • Zoning Advantage: U-IX-4 allows up to 4 stories and 80% site coverage on 0.97 acres
  • South Broad Growth Corridor: Near the U.S. Pipe/Wheland Foundry redevelopment and Erlanger Park, the brand-new home of the Chattanooga Lookouts!

OVERVIEW

2101 Chestnut Street presents a unique opportunity for an owner-user or investor to acquire ±15,557 SF of existing flex, office, and showroom space on ±0.97 acres in the heart of Chattanooga’s rapidly evolving South Broad District. Located less than half a mile from the brand-new Erlanger Park, home of the Chattanooga Lookouts minor league baseball team, the property is positioned near one of the city’s most significant redevelopment corridors. The property offers short-term income from a diverse tenant mix and includes Termination for Convenience clauses, allowing full building control within 120 days or less—ideal for an owner user looking to occupy part or all of the space. With solid bones, strong street presence, and flexible existing improvements, the building is well-suited for a cost-effective reposition into elevated office, retail, showroom, or creative flex space. Zoned U-IX-4 and located near the Wheland Foundry redevelopment, Erlanger Park, and the broader South Broad District transformation, 2101 Chestnut offers both immediate utility and long-term upside in one of Chattanooga’s most closely watched growth corridors.

FOR SALE DETAILS

PRICE

$2,395,000 USD

PRICE/SF

$154 USD /SF

CAP RATE

5.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

undefined, Storefront, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

47

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

Commercial

APN/PARCEL ID

145K-D-024

ASK ABOUT THIS PROPERTY

Tyler DivinInfill Development PartnersMore Info
706-575-9881

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Tyler DivinInfill Development PartnersMore Info
706-575-9881

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