251-303 Riverside Avenue,Chattanooga, TN 37405
Chattanooga, TN 37405
Description
Rare North Shore development opportunity! This unique assemblage includes 16 contiguous lots at 251-303 Riverside Avenue in Chattanooga, totaling approximately 1.62 acres with an impressive 1,112 feet of road frontage. The combined acreage and extensive road frontage offer an exciting opportunity for developers, investors, and visionary buyers to explore the potential of a larger-scale redevelopment project in an established urban location. Currently zoned TRN-3, the property offers an opportunity to explore potential commercial rezoning, subject to applicable approvals. A preliminary residential site plan has already been prepared and is available for review, providing a valuable starting point for evaluating development concepts and future possibilities. Enjoy the close proximity to some of Chattanooga's most desirable shopping, dining, and outdoor destinations. Less than 5 minutes from Whole Foods Market and Publix, the property is also conveniently located near Frazier Avenue and North Market Street, known for boutique shopping and amazing locally curated restaurants. Coolidge Park, with its scenic riverside walking paths and outdoor recreation, is also less than 5 minutes away. Nearby Stringers Ridge offers hiking and biking trails, adding to the area's appeal for outdoor enthusiasts. With its strategic North Shore location, substantial contiguous acreage, and extensive road frontage, this property presents a distinctive opportunity to explore future development possibilities. Preliminary site plan available upon request. Buyers to independently verify zoning, permitted uses, rezoning feasibility, development requirements, utilities, and all property information with the appropriate authorities.
Details
| MLS # | 1544330 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 15 |
| Listing Provided By | United Real Estate Experts | Melinda Roddy |
Features
| Zoning | RN-3 |
|---|---|
| Acreage | 1.62 |
Exterior
| Lot Features | City Lot, Wooded, Partially Cleared |
|---|---|
| Other Structures | None |
Utilities
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
| Water Source | Public |
Location
| Senior Community Yes / No | No |
|---|---|
| Road Surface Type | Paved |
| Road Frontage Type | City Street |
Taxes
| Tax Annual Amount | 17.23 |
|---|---|
| Tax Legal Description | Multiple |
Area Information
| State | TN |
|---|---|
| County | Hamilton |
| City | Chattanooga |
| Zip Code | 37405 |
| Area | Hamilton |
| Community Name | Chattanooga Ests Co |
| School District | Red Bank High School |
| Elementary School | Red Bank Elementary |
| High School | Red Bank High School |
| Listing VS Median (in Chattanooga Ests Co) | |
Price: $999,000 low | high Med: $149,000 On site: 15 low | high Med: 17 | |
Market Activity 37405
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Learn More About This Property
| State | TN |
|---|---|
| County | Hamilton |
| City | Chattanooga |
| Zip Code | 37405 |
| Area | Hamilton |
| Community Name | Chattanooga Ests Co |
| School District | Red Bank High School |
| Elementary School | Red Bank Elementary |
| High School | Red Bank High School |
| Listing VS Median (in Chattanooga Ests Co) | |
Price: $999,000 low | high Med: $149,000 On site: 15 low | high Med: 17 | |
