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Buy a condoat 25 E Main St 201-301, Chattanooga, TN 37408

$3,000,000

$0/mo

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Residential

13,000 Sq. Ft.

16,250 Sq. Ft. lot

1 Bedrooms

Days on market

1382803 MLS ID

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About 25 E Main St 201-301 condo

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.
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

Appliances

None

Basement

None

Community features

None

Construction materials

Cement Siding

Stucco

Brick

Exterior features

None

Flooring

Brick

Heating

None

Levels

Three Or More

Parking features

Off Street

Attached

Roof

Rolled/Hot Mop

Utilities

Sewer Connected

View

City

Mountain(s)

Monthly cost

Estimated monthly cost

$18,992/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Schools

This home is within the Hamilton County School District.

Chattanooga & Soddy Daisy enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$2,820,000

+$90,000

$2,910,000

Seller agent commission$90,000 (3%)*

$0 (0%)

Buyer agent commission$90,000 (3%)*

$90,000 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $90,000 more selling your home
with an Unreal Estate agent

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State

  • Condos in Tennessee
  • Real Estate for Sale in Tennessee

Unreal Estate checked: May 15, 2024 at 5:09 p.m.

Data updated: May 10, 2024 at 5:48 p.m.

Courtesy of , Berkshire Hathaway HomeServices J Douglas Properties.
Information herein is deemed reliable but not guaranteed and 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.
Information herein is deemed reliable but not guaranteed and 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.
Listing Information © 2024 Greater Chattanooga REALTORS®. All Rights Reserved.

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