Prime NORTH SHORE redevelopment opportunity situated on 0.51 acres. An existing building of 3 suites totaling appx. 4,000 sqft, provides interim income potential while a long-term development strategy is executed.
Zoned E-RM-3 within the Form Based Code Overlay, highest and best use may be a residential attached development. The surrounding townhome communities already established on neighboring lots.
Location is a primary asset. The property is walkable to the shops, dining, and boutiques of Frazier Avenue and is located minutes from Whole Foods, Publix, Coolidge and Renaissance Parks. Easy access to downtown Chattanooga via the Walnut Street Bridge or Market Street Bridge or Hwy 27. Residents benefit from proximity to the full range of amenities that downtown Chattanooga offers, placing this site in the path of continued growth and investment.
Could be an opportunity for investors or developers seeking to maximize North Shore's momentum, or an owner-user with long-term vision. Take advantage of this rare opportunity today! (Any and all property lines on photos are simulated and are approximate. Buyer is responsible to do their due diligence to verify that all information is correct, accurate and for obtaining any and all restrictions for the property deemed important to Buyer.)
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Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.