Active

513 W Manning Street

Chattanooga TN, 37405

$1,800,000


$290.98 per sqft

Active

6,186 sqft

Multi-family

Built in 2017

This is a one of a kind investment opportunity fusing unique top tear new construction and established existing tenants. There are multiple floors of opportunity both with access to a large parking area. Main level is currently a high end salon that thrives with the new pristine ombiance . Open spaces on the main floor can be used in many ways as the zoning here allows for several combinations of commercial usage. The Second floor boast 3 units and an office area. There are currently 2 permitted short term rentals being operated with the 3rd unit open for discussion. The second floor also has an office area for the building owner, or addtional rental possibility. There is a lot of new development in this specific section or North Chattanooga. This building is walking distance from the heart of North Chattanooga. Dream big as an owner could build out or use the upper units for residential, long term or its current short term rental usage. The quaility of the construction and new multi-use features complete with a parking area ontop of street walking and parking opportunities make this a perfect building for someone looking to move their private practice, or retail / office location. The building could boast a great show room for all types of businesses but provide some steady income to someone looking to slow the transition. Class A Retail/Office/Residential

1502405

MLS ID

October 29, 2024

Listed

December 12, 2024

Updated

Map

513 W Manning Street
Chattanooga TN, 37405

Interior Features

Total Stories

2


Appliances

Refrigerator, Oven, Microwave, Electric Range, Bar Fridge


Laundry Description

Common Area, In Unit


Floor Description

Concrete, Plank, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Ductless, Electric, Multi Units


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.41 Acres


Exterior Features

Balcony


Architectual Style

Contemporary

School Information

High School

Red Bank High School


Elementary School

Red Bank Elementary

Other Property Details

Area Name

Chattanooga


Taxes

$8,618


Tax Frequency

Annually


Garage

No


Parking

Asphalt, Off Street


View

No


County

Hamilton


Water Source

Public


Pool

No

 

Courtesy of Exit Realty

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