700 Market St

For Sale

700 Market St, Chattanooga, TN 37402

This Chattanooga property for sale is located at 700 Market St. The general use of 700 Market St is office and it incorporates 6,000 square feet of class B office space. The current listed sale price for 700 Market St is $1,800,000. 700 Market St is situated on a lot that is 0.08 acre in size.

Contacts

broker

Zachary Adams

SVN | Second Story Real Estate Management

Property Details

  • 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 Nov 6, 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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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.

Attachments

Getting around

  • 82/100

    Walk Score ®

  • 47/100

    Transit Score ®

  • 98/100

    Bike Score ®

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Location

  • City Chattanooga, TN
  • Neighborhood Fort Wood - Lincoln Park
  • Zip Code 37402
  • Market Chattanooga

Points of Interest

  • East Chattanooga

    3.45 miles

  • Grand Junction

    5.99 miles

  • ChargePoint

    0.30 miles

  • CARTA/548 VINE ST #1

    0.47 miles

  • CARTA/548 VINE ST #2

    0.47 miles

  • Electrify America

    0.61 miles

  • eVgo

    0.79 miles

  • Electrify America Charger

    0.96 miles

  • Harry's #23

    1.00 miles

  • Exxon

    1.14 miles

  • kankus inc

    1.32 miles

  • Citgo

    1.66 miles

  • Republic Parking

    0.23 miles

  • Unum

    0.26 miles

  • American Legion Post 14 Reserved Parking Lot

    0.26 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

  • The Read House Historic Inn And Suites

    0.19 miles

  • Hotel Indigo Chattanooga - Downtown

    0.23 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

  • Hotel Bo

    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

  • Food City

    0.62 miles

  • Whole Foods Market

    1.08 miles

  • Publix

    1.17 miles

  • Save-A-Lot

    3.02 miles

  • Supermercado

    3.27 miles

  • Walmart

    3.45 miles

  • Walmart Supercenter

    3.45 miles

  • Gannon Art Center

    3.49 miles

  • ALDI

    3.55 miles

  • Big Lots

    5.28 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Zachary Adams

SVN | Second Story Real Estate Management