Courtesy of Zach Taylor Chattanooga.
Property Description
Remarkable Mixed-Use Condominium in Chattanooga’s Vibrant Southside. Experience the epitome of urban living with this unique mixed-use condominium, nestled in the heart of Chattanooga’s highly coveted Southside district. This extraordinary property offers a perfect blend of commercial viability and residential luxury, spread across a generous 13,000 square feet of space. The ground floor condominium hosts Alleia’s Italian Restaurant, a culinary gem that anchors this historic 1900’s all-brick building. Commercial Excellence: With 6,500 square feet of 2nd Floor commercial space, currently under lease by Keel Point and TextLocate, this property presents an exceptional opportunity for instant cash flow. The vibrant location and established tenant make this an ideal investment. Residential Potential: The upper floor awaits your personal touch. Offering 6,500 square feet of open floor plan shell, the space is a blank canvas ready to be transformed. The current owner has meticulously prepared for a stunning residential conversion, with a complete design envisioned by the renowned Tinker Ma, specifically for the third-floor buildout. Envision creating an exclusive urban retreat, a haven of style and comfort. Or, Design 2-4 Residential Condominium’s on this 6,500 sf 3rd Floor shell and get an excellent overall return on your investment. Modern Comforts & Historic Charm: This property harmoniously blends modern upgrades with historic charm. Fully renovated to meet and exceed current codes, the building maintains its original allure while offering contemporary comforts. Elevators provide easy access to the second and third floors, ensuring convenience and accessibility. Exclusive Amenities: The condominium includes a 4-car attached garage, a rarity in this bustling district. This feature adds an extra layer of luxury and practicality, perfect for residents and visitors alike.
Property Details and Features
- Bathrooms
- Full Bathrooms: 0
- Half Bathrooms: 0
- Bedrooms
- Total Bathrooms: 1
- Building
- Finished Area Above Grade: 13000
- Area: 13000
- Building Area: 13000
- Construction Materials: “Fiber Cement”, “Stucco”, “Other”, “Brick”
- Levels: “Two”
- Stories: 3
- Year Built: 1900
- Year Built Details: EXIST
- Cooling
- Details: “None”
- Floors
- Flooring: “Other”
- Garage
- Garage Spaces: 3
- Heating
- Heating: “None”
- Listing
- Days on Market: 367
- Listing Price: 3000000
- Status: Active
- Location
- Address: 25 E Main Street
- Unit: 201-301
- City: Chattanooga
- State: TN
- Zip: 37408
- County: Hamilton County, TN
- Subdivision: None
- Directions: From Downtown, Take Market St South to Main St. Left onto Main St, Building is first street facing building on left. Alleia’s Italian Restaurant owns the Condominium Suite 101. The Seller is selling the Harrington Building which houses 3 Condominium suites, 101, 201, and 301. THER IS NO SIGN ON THE PROPERTY – Do Not Disturb tenants. Leases available upon request
- Lot
- Acres: 0.37
- Size: 0.37
- Dimensions: 125 x 130
- Size Source: Agent Calculated
- Size Units: Acres
- Parking
- Covered Spaces: 3
- Parking Total: 3
- Roof
- Description: “Other”
- Schools
- Middle/Junior High: Orchard Knob Middle School
- High School: Howard School Of Academics Technology
- Utilities
- Sewer: “Public Sewer”
- Water Source: “Public”
- Utilities: “Water Available”