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.
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Listing Snapshot
Price
$850,000
Days On Site
170 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.41 Acres
Year Built
N/A
MLS® Number
2797633
Status
Active
Property Tax
$2,315
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
a week ago
Status changed to Active
a week ago
Listing updated with changes from the MLS®
6 months ago
Listing first seen on site
General Features
Acres
0.41
Sewer
None
Special Circumstances
Standard
Utilities
Water Available
Water Source
Public
Zoning
R-3
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Exterior Features
Lot Features
Other
Road Frontage
City Street
Community Features
Roads
Asphalt
Schools
School District
Unknown
Elementary School
Unknown
Middle School
Orchard Knob Middle School
High School
Howard School Of Academics Technology
Listing courtesy of Greater Downtown Realty dba Keller Williams Realty
Listings courtesy of Realtracs as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 2025-03-13 01:47 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed
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