1 year on rocket

25 E Main St Unit 201-301, Chattanooga, TN, 37408

$3,000,000

1 Bedroom
0 Baths
13,000 SqFt
$231/SqFt
Condo

Location

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Property Highlights

Home TypeCondominium
ParkingGarage Faces Side, Off Street
Attached Garage3 spaces
Year Built1900
HeatingNone
CoolingNone
ViewCity, Mountain(s)
MLS #1382803
Lot Size0.37 Acres
StatusActive

About 25 E Main St Unit 201-301

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

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 3
  • Living Area: 13,000 SqFt

Listing Office:

  • Office Name: Zach Taylor - Chattanooga
  • Office Phone: (855) 261-2233

Interior Features

Interior Information:

  • Appliances: None
  • Basement: No
  • Flooring Type: Other
  • Interior: High Ceilings, Open Floorplan, Plumbed, Stubbed

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: City, Mountain(s)
  • Exterior: None

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Garage Faces Side, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.37 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • 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

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,000,000
  • Price Per SqFt: $231/SqFt
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Housing Market Comparison

See how this home compares to others in Chattanooga, TN.

Med. Sold Price

$330K

Med. Price/SqFt

$200

Avg. Days On Market

37

# of Sold Homes

331

25 E Main St Unit 201-301 vs Chattanooga

400 DAYS ON ROCKET

+363 Days

$3,000,000

+$2.6M More

$231/SqFt

+$30 More

KEY TAKEAWAY

This property is $2.6M more than the Median Sold Price and $30/SqFt more than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1382803

Listing Office:

  • Office Name: Zach Taylor - Chattanooga
  • Office Phone: (855) 261-2233

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:51:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$15K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,061

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4399758
4
/10
  • Battle Academy

  • 1601 Market St

  • 0.07 miles

  • Public Magnet Grades PK-5

school-card-donut-4399759
3
/10
  • Brown Academy

  • 718 E 8th St

  • 0.68 miles

  • Public Magnet Grades PK-5

school-card-donut-4399760
5
/10
  • Chattanooga School for The Arts and Science Lower School

  • 865 E 3rd St

  • 1.19 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,589. Typical income of Chattanooga, TN residents is less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 25 E Main St Unit 201-301

What is the listing price of this property?

The listing price of 25 E Main St Unit 201-301 property is $3,000,000.

What type of property is this?

The property 25 E Main St Unit 201-301 is a condo located in Chattanooga, Tennessee, 37408.

Is this property for sale now?

Active Listing: 25 E Main St Unit 201-301 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 25 E Main St Unit 201-301 has 1 bedroom.

What is the square footage of this property?

The property 25 E Main St Unit 201-301 is 13,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 25 E Main St Unit 201-301 is 1900.
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Rocket HomesTennesseeHamilton CountyChattanooga3740825 E Main St Unit 201-301

This home is located at 25 E Main St Unit 201-301 in Chattanooga, TN and zip code 37408 in the Southside neighborhood. This 13,000 square foot home, which was built in 1900, sits on a 0.37 acre lot. Features: 1 bedroom. It has been listed on Rocket Homes since November 13, 2023 and is currently priced at $3,000,000.

Over 47 listings were sold over their listed price in November 2024 in Chattanooga, TN. In the same period over 195 listings were sold below the listed price and 89 listings were sold for the listed price. The number of homes for sale in Chattanooga, TN decreased by 6.9% between October 2024 and November 2024. While the average time on the market in November 2024 was 37 days, the median list price was $330,018.

From Rocket Homes Real Estate and based on county public records data.

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