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301 Martin Luther King Blvd

Downtown Chattanooga, Chattanooga, TN
Total Size
9,069 sqft
Zoning
C3
Year Constructed
0
Year Renovated
0
Building Class

About 301 Martin Luther King Blvd

Mixed use development opportunity in the renewal community of Martin Luther King. High quality condos available upstairs. Retail commercial condo located down below. Can also be utilized as a professional space for offices such as a law or accounting firm. There are four suites which can combined to encompass 9,069 SF or as small as 1787 SF Separate entrances for each unit already exists. The commercial area is presented as a shell space in which the Landlord will build out the space to a vanilla box. There is street parking along the front and an adjacent parking lot. The property is priced below market with successful restaurants around such as Champs and Joe Fridays. Located in the renewal community of Martin Luther King. The university sits behind the building. The Central Business District is less than .5 miles. More than 130 homes or condos have been built or renovated in the area. The Regional Planning Agency has outlined a path to revival of the boulevard in a 116 page plan adopted in Feb 2009 by the Chattanooga City Council. Chattanooga is the 4th largest city in Tennessee after Nashville, Memphis and Knoxville.

Internet Providers for 301 Martin Luther King Blvd

Provider Technology Max Download Speed Max Upload Speed
Level 3 Communications, LLC Fiber
10 Gb/s
10 Gb/s
EPB Fiber
10 Gb/s
10 Gb/s

The Neighborhood: Downtown Chattanooga

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Chattanooga submarket is going through a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 13% rise in rent.

Median Rate Median Size
Downtown Chattanooga $24
/sqft/yr
5,000
sqft

Median Rate over Time in Downtown Chattanooga