$3,000,000
For Sale

25 E Main Street #201-301

Chattanooga, TN 37408
1 bed | 0.37 acres | #1382803
Browse 26 photos
Type:Purchase
Structure:Condo
Zone:Residential

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. A Premier Location: Situated in the dynamic Southside district, this property places you at the heart of Chattanooga's thriving urban scene. Enjoy proximity to trendy eateries, chic boutiques, and vibrant cultural spots, all while being a part of a rich historical tapestry.
This mixed-use condominium represents a rare opportunity to own a piece of Chattanooga's Southside renaissance. Whether as an investment or a personal urban oasis, this property promises a blend of income potential and upscale living. All pertinent documents are available for review, ensuring a smooth transition to the new owner. Embrace the chance to be a part of this exciting community - a true gem in the heart of Chattanooga.

  • Property Details
      • Utility FeaturesCable Lines/Under Ground, Electric Lines/Under Ground, Telephone Lines/Under Ground
      • Parking Features3 Car Garage or more, Attached, Off Street Parking, Side Loading
      • InteriorCeiling - 9 Ft or More, Plumbed, Stubbed
      • Lot DescriptionCity View, Mountain View, Other 1
      • High SchoolHoward School of Academics & Tech
      • Middle SchoolOrchard Knob Middle
      • Utility SourceOn Sewer, Public
      • RoofRolled/Hot Mop
      • Elementary SchoolBattle Academy
      • Property SubtypeCondominium
      • StyleHigh Rise
      • Property TypePurchase
      • CountyHamilton
      • MLS #1382803
      • Cost3000000
      • MLS #1382803
      • Parking TypeGarage
      • Acres0.37
      • Year Built1900
      • Bedrooms1

Location

Sherry McKillop | United Real Estate ExpertsReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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