$850,000
 $4,563 est/mo Sourced by Back At You

2642 Broad Street , Chattanooga, TN 37408

Chattanooga, TN 37408

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Description

Seize the opportunity to own a piece of the dynamic and rapidly transforming Broad Street in Chattanooga, TN. This 0.41-acre vacant parcel is perfectly positioned between Broad Street and Cowart Street, offering nearly 100 feet of frontage along bustling Broad Street. The front of the lot is zoned UGC and R3 in the back half. Situated across from one of Chattanooga's largest vacant industrial areas. A game-changing development is on the horizon, with the City recently approving a new baseball stadium for this 100+ acre site, serving as the catalyst for $1 BILLION in new investments. The neighboring parcel to the south features charming, historic brick buildings at the corner of W 27th Street, while the parcel to the north is also vacant. With potential for a basement or below-grade parking, this lot offers versatile development options. Located in the Southside Gardens area, this neighborhood is primed for redevelopment, with local developers planning new single-family and multifamily homes on nearby vacant lots. It is also located in the Opportunity Zone. A new Publix just a mile south has already sparked growth along the S. Broad corridor, with a Food City also opening a mile north. The location provides excellent connectivity with easy access to Hwy 27 and I-24, where recent updates to the I-24 exits, including Broad Street, accommodate the growing traffic. This ensures smooth access for interstate travelers, nearby neighborhoods like St. Elmo, and downtown Chattanooga. The property is also near the River Walk's Chestnut Street Trailhead, major attractions like Rock City and Ruby Falls, outdoor recreation, dining, entertainment venues, and multiple interstates (I-75, I-24, I-59). Chattanooga's renowned EPB offers Gig-speed internet, and this area is part of the nation's first community-wide 25 Gig service. With endless potential for live, work, and play, 2642 Broad Street is an investment in the future.

Details

MLS#2797633
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site200
Listing Provided ByGreater Downtown Realty dba Keller Williams Realty | Lila Brock

Features

ZoningR-3
Acreage0.41

Market Activity 37408

 Listings courtesy of RealTracs MLS as distributed by MLS GRID.

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Learn More About This Property

StateTN
CountyHamilton County
CityChattanooga
Zip Code37408
Community NameVaughns Addn
School DistrictHoward School Of Academics Techn
Middle SchoolOrchard Knob Middle School
High SchoolHoward School Of Academics Techn
Listing VS Median (In Vaughns Addn)
Price:
$850,000
low | high
Med:
$0
On site:
200
low | high
Med:
Sourced by Back At You
Listing Updated: March 4, 2025 at 10:30:19 AM PST