4 months 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
ParkingAttached - Side
Garage3 spaces
Year Built1900
HeatingNone
CoolingNone
ViewCity, Mountain(s)
MLS #2670954
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.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Zach Taylor Chattanooga
  • Office Phone: (423) 451-8881
  • Listing Agent: Lawrence Team Homes

Interior Features

Interior Information:

  • Flooring Type: Other
  • Interior: High Ceilings, Open Floorplan

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City, Mountain(s)

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Attached - Side

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

$329.3K

Med. Price/SqFt

$199

Avg. Days On Market

35

# of Sold Homes

345

25 E Main St Unit 201-301 vs Chattanooga

143 DAYS ON ROCKET

+108 Days

$3,000,000

+$2.6M More

$231/SqFt

+$32 More

KEY TAKEAWAY

This property is $2.6M more than the Median Sold Price and $32/SqFt more than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2670954

Listing Office:

  • Office Name: Zach Taylor Chattanooga
  • Office Phone: (423) 451-8881
  • Listing Agent: Lawrence Team Homes

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 11:18:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$15K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,061

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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-295026
4
/10
  • Battle Academy

  • 1601 Market St

  • 0.07 miles

  • Public Magnet Grades PK-5

school-card-donut-295027
3
/10
  • Brown Academy

  • 718 E 8th St

  • 0.68 miles

  • Public Magnet Grades PK-5

school-card-donut-295028
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. Most Chattanooga, TN residents have annual incomes less than $35k. Typical family type is 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 June 24, 2024 and is currently priced at $3,000,000.

Chattanooga, TN housing market in October 2024 saw over 54 listings sold above listed price, more than 108 sold at listed price and over 181 sold below. Between September 2024 and October 2024, Chattanooga, TN real estate market has seen decrease in the number of listings by 0.3%. While the average time on the market in October 2024 was 35 days, the median list price was $329,348.

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

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