2642 Broad ST Chattanooga, TN 37408
0.41 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Vaughns Addn
MLS Listing ID 1500546
Originating Board Greater Chattanooga REALTORS®
Lot Size 0.410 Acres
Acres 0.41
Lot Dimensions 88.75 X 255
Property Sub-Type Unimproved Land
Property Description
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.
Location
State TN
County Hamilton
Area 0.41
Zoning Residential Apartment/Townhouse District
Exterior
Utilities Available None
Garage No
Building
Lot Description Few Trees, Rectangular Lot
Faces If coming from Hwy 75, Get on I-24 W towards Chattanooga, Follow I-24 W to TN-58 S/Market St. Take exit 178 from I-24 W, Take W 25th St to Broad St, Turn left onto Broad St, the destination will be on your left at 2624 Broad Street Chattanooga, TN 37408.
Sewer None
Water Public
Additional Building None
Schools
Elementary Schools Battle Academy
Middle Schools Orchard Knob Middle
High Schools Howard School Of Academics & Tech
Others
Senior Community No
Tax ID 155c B 011
Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan
Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan