513 Georgia Ave - Office FOR SALE


Chattanooga, TN 37403- City Center
$1,700,000 USD
423-298-2033
513 Georgia Ave, Chattanooga, TN for Sale
$1,700,000 USD
Office - FOR SALE
1/21
null | Request Cap Rate

513 Georgia Ave
Chattanooga, TN 37403
City Center


OVERVIEW

Nestled less than 0.1 miles (just one block) from the historic Hamilton County Courthouse, this freestanding, fully renovated two-story office/flex building offers exceptional access and exposure. Positioned prominently between Georgia Avenue and Lookout Street, its dual-frontage facade maximizes visibility and curb appeal. Approximately 5,374 sq ft total, with 2,687 sq ft per floor—ideal for a variety of office, medical, or flex spaces. A rare find downtown with 16 ONSITE PARKING SPACES, 3 front, 13 rear(nearly 3 spaces per 1,000 sq ft), eliminating typical downtown parking headaches and ensuring convenience for tenants and clients alike. Newly updated interiors, 24-hour access for unparalleled flexibility, and robust infrastructure—everything you need in a contemporary office/flex space. The City of Chattanooga has just approved a brand new courthouse across the street. This new venture will create tremendous value for the building, its tenants, and the surrounding area. Being just steps away from both the current, and future courthouse, brings convenience and opportunity. The building has a new roof, new kitchen with updated appliances, new flooring, and remodeled bathrooms. The kitchen area boasts plenty of natural light, storage, and newer appliances. The massive conference room could be used for a whole variety of purposes. The building is also FOR LEASE if applicable. The previous tenant has left almost every single office desk in the building. The storage shelves and filing cabinets are also able to stay. Having these important pieces of furniture already in place will save a buyer a lot of time and money. It will also be a strong selling point to future tenants. This property is perfectly positioned for businesses seeking dynamic visibility, easy client access, ample parking, and the cultural pulse only downtown Chattanooga provides. Whether you're a growing professional services firm, creative studio, or expanding startup, 513 Georgia Avenue offers the canvas for your next chapter.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$316 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

UCX6

APN/PARCEL ID

135M-F-025

ASK ABOUT THIS PROPERTY

Garrett PoteetM&T Real EstateMore Info
423-298-2033

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Garrett PoteetM&T Real EstateMore Info
423-298-2033

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