700 Market St

700 Market St, Chattanooga, TN 37402

  • For Sale $1,800,000
  • Property Type Office - General Office
  • Property Size 6,000 SF
  • Lot Size 0.08 Acre
  • Additional Rent Contact for pricing
  • Building Class B
  • Year Built 1949
  • Date Updated Oct 14, 2024
Chattanooga’s vibrant downtown is a dynamic mix of culture, business, and entertainment, providing easy access to major highways and public transportation. 700 Market Street's prime downtown location is just steps from major attractions and events such as Ironman, Wine Over Water, Three Sisters Bluegrass Festival, Chattanooga Motorcar Festival, and Riverfront Nights, making it highly desirable for current and future tenants. Chattanooga’s downtown area generates over $1.8 billion annually from tourism, further enhancing the property’s value. This property’s central location in the Central Business District and its proximity to the city’s best restaurants, parks, and attractions ensures a steady flow of businesses and visitors, making it an ideal location for long-term appreciation.SVN Second Story proudly presents a rare chance to acquire a 100% leased, stabilized investment property in the heart of Downtown Chattanooga's Central Business District. This 6,000 SF premier asset, located at 700 Market St, offers a prime, hard corner location with high visibility and foot traffic. Featuring two tenants, this property provides immediate, reliable rental income through secure leases, making it an attractive opportunity for savvy investors. Constructed in 1949 and located in the D-CX-12 zoning district, this well-maintained building presents a unique opportunity for both flexibility and growth. With the possibility for expansion up to 12 stories, it’s ideal for investors or developers looking to capitalize on the area's development potential. With its strategic location in the CBD, this trophy asset is a key hub for commerce and connectivity. This prime location places it within close proximity to major financial institutions and government offices, fostering a vibrant atmosphere for business activity and is within walking distance to The Waymark Hotel, Tivoli Theater, Tennessee Aquarium, and more.

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Attachments

Highlights

  • Stabilized Rental Income: Two established tenants ensure consistent cash flow.
  • Prime Location: Corner of Market and 7th Streets, high visibility, and high count daily traffic.
  • Proximity to Attractions: Walking distance to the The Waymark Hotel, Tivoli Theater, Tennessee Aquarium, IMAX Theatre, Creative Discovery Museum, High Point Climbing, and more.
  • Central Business District Hub: Nestled in the heart of the CBD, this asset has proximity to major financial institutions, government offices, top restaurants, and cultural landmarks.
  • Ample Parking: Access to nearby parking lots and garages.

Contacts

broker

Zachary Adams

SVN | Second Story Real Estate Management

Location

Getting Around

  • Walk Score ®

    82/100 Very Walkable
  • Transit Score ®

    47/100 Some Transit
  • Bike Score ®

    98/100 Biker's Paradise
Powered by Walk Score ®
  • City Chattanooga, TN
  • Neighborhood Fort Wood - Lincoln Park
  • Zip Code 37402
  • Market Chattanooga

Points of Interest

  • Chattanooga East Station

    3.45 miles

  • ChargePoint

    0.30 miles

  • eVgo

    0.79 miles

  • Mr. Zip

    0.99 miles

  • kankus inc

    1.32 miles

  • mapco express

    1.66 miles

  • BP

    1.76 miles

  • BP

    2.71 miles

  • Quick Stop

    2.75 miles

  • RaceWay

    3.05 miles

  • Walmart

    3.32 miles

  • Republic Parking

    0.23 miles

  • American Legion Post 14 Reserved Parking Lot

    0.26 miles

  • Unum

    0.29 miles

  • Republic Parking Lot

    0.38 miles

  • 24

    0.47 miles

  • Blue Cross Parking

    0.51 miles

  • 48

    0.52 miles

  • 32

    0.54 miles

  • 33

    0.60 miles

  • Student Parking

    0.77 miles

  • The Read House Historic Inn And Suites

    0.19 miles

  • Holiday Inn Hotel & Suites Chattanooga Downtown

    0.23 miles

  • The Westin Chattanooga

    0.24 miles

  • The Westin

    0.24 miles

  • DoubleTree by Hilton Hotel Chattanooga Downtown

    0.27 miles

  • Days Inn Rivergate

    0.27 miles

  • Hampton Inn & Suites Chattanooga / Downtown

    0.28 miles

  • The Dwell Hotel

    0.30 miles

  • Hilton Garden Inn Chattanooga Downtown

    0.38 miles

  • Residence Inn Chattanooga Downtown

    0.42 miles

  • Cherry Street Diner

    0.03 miles

  • Flatiron Grill

    0.11 miles

  • Mexiville

    0.11 miles

  • Community Pie

    0.13 miles

  • Subway

    0.13 miles

  • Taqueria Jalisco

    0.14 miles

  • J's Deli

    0.17 miles

  • Universal Joint

    0.21 miles

  • Taziki's Mediterranean Cafe

    0.21 miles

  • Taco Mac

    0.23 miles

  • All Saints Academy

    0.24 miles

  • James A Henry Elementary School

    0.43 miles

  • University of Tennessee Chattanooga

    0.52 miles

  • UTC ARC

    0.56 miles

  • UTC Energy Plant

    0.60 miles

  • University of Tennessee Chattanooga

    0.61 miles

  • Joseph E Smith Elementary School

    0.76 miles

  • Chattanooga School for the Arts and Sciences

    0.82 miles

  • UTC OFFICE

    0.83 miles

  • Girls Preparatory School

    1.06 miles

  • Dupont Elementary School

    5.55 miles

  • A Mothers Love Daycare

    8.56 miles

  • Childcare Network

    8.68 miles

  • Kids Rock, Inc.

    9.03 miles

Frequently Asked Questions

How much does 700 Market St cost?

The space currently listed for sale at 700 Market St asks for $1,800,000.

What is the total square footage of 700 Market St?

700 Market St totals 6,000 square feet.

When was this property built?

700 Market St was built in 1949.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Zachary Adams

SVN | Second Story Real Estate Management