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Listed by Todd Henon • Greater Downtown Realty dba Keller Williams Realty
$1,750,000
Est. payment /mo
0.51 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Cummings Will
MLS Listing ID 3176161
HOA Y/N No
Annual Tax Amount $7,750
Lot Size 0.510 Acres
Acres 0.51
Lot Dimensions 130.03 X 150
Property Description
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.)
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.)
Location
State TN
County Hamilton County
Zoning E-RM-3
Interior
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Private Pool false
Building
Lot Description Level, Other
Sewer Public Sewer
Water Public
Schools
Elementary Schools Red Bank Elementary School
Middle Schools Red Bank Middle School
High Schools Red Bank High School
Others
Senior Community false
Special Listing Condition Standard
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George Scott
Agent | License ID: TN License #: 377474
Agent License ID: TN License #: 377474
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