25 E Main Street, 201-301, Chattanooga, TN 37408 (MLS# 1382803)

25 E Main Street, 201-301, Chattanooga, TN 37408

$2,550,000
Property Type: Residential Bedrooms: 1 Square Footage: 13,000 Lot Size (sq. ft.): 16,250 Status: Closed
Current Price: $2,550,000 List Date: 11/13/2024 Last Modified: 7/31/2025

Description

Remarkable Mixed-Use Condominium in Chattanooga's Vibrant Southside. Experience the epitome of urban living with this unique mixed-use condominium, nestled in the heart of Chattanooga's highly coveted Southside district. This extraordinary property offers a perfect blend of commercial viability and residential luxury, spread across a generous 13,000 square feet of space. The ground floor condominium hosts Alleia's Italian Restaurant, a culinary gem that anchors this historic 1900's all-brick building. Commercial Excellence: With 6,500 square feet of 2nd Floor commercial space, currently under lease by Keel Point and TextLocate, this property presents an exceptional opportunity for instant cash flow. The vibrant location and established tenant make this an ideal investment. Residential Potential: The upper floor awaits your personal touch. Offering 6,500 square feet of open floor plan shell, the space is a blank canvas ready to be transformed. The current owner has meticulously prepared for a stunning residential conversion, with a complete design envisioned by the renowned Tinker Ma, specifically for the third-floor buildout. Envision creating an exclusive urban retreat, a haven of style and comfort. Or, Design 2-4 Residential Condominium's on this 6,500 sf 3rd Floor shell and get an excellent overall return on your investment. Modern Comforts & Historic Charm: This property harmoniously blends modern upgrades with historic charm. Fully renovated to meet and exceed current codes, the building maintains its original allure while offering contemporary comforts. Elevators provide easy access to the second and third floors, ensuring convenience and accessibility. Exclusive Amenities: The condominium includes a 4-car attached garage, a rarity in this bustling district. This feature adds an extra layer of luxury and practicality, perfect for residents and visitors alike.

Supplements: A Premier Location: Situated in the dynamic Southside district, this property places you at the heart of Chattanooga's thriving urban scene. Enjoy proximity to trendy eateries, chic boutiques, and vibrant cultural spots, all while being a part of a rich historical tapestry. This mixed-use condominium represents a rare opportunity to own a piece of Chattanooga's Southside renaissance. Whether as an investment or a personal urban oasis, this property promises a blend of income potential and upscale living. All pertinent documents are available for review, ensuring a smooth transition to the new owner. Embrace the chance to be a part of this exciting community - a true gem in the heart of Chattanooga.

More Information MLS# 1382803

Contract Information

Auction YN: No Equitable Ownership Interest Listing: No Office Exclusive: No Current Price: $2,550,000 Status: Closed Listing Contract Date: 2023-11-13 Sold Price: $2,550,000 Property Sub Type: Condominium

Location, Tax, and Legal

Parcel Number: 145lac 010 C201 C301 Elementary School: Battle Academy Middle Or Junior School: Orchard Knob Middle High School: Howard School of Academics & Tech Tax Annual Amount: 25994.7 Tax Legal Description: UNIT 101 HARRINGTON BUILDING CONDOM INIUMS OUT OF 145LA-C-010 FOR 2010 Tax Other Annual Assessment Amount: 579295 Additional Parcels YN: No

General Property Information

Deed Book: 12723 Deed Page: 0110 Stories: 3 Rooms Total: 1 Bathrooms Half: 0 Above Grade Finished Area: 13000 Living Area: 13000 Living Area Source: Tax Records Enhanced Accessible: No New Construction YN: No Home Warranty YN: No Builder's Warranty YN: No Garage YN: Yes Attached Garage YN: Yes Garage Spaces: 3 Carport YN: No Lot Size Acres: 0.37 Lot Size Square Feet: 16250 Lot Size Dimensions: 125 x 130 Association YN: No View YN: Yes Waterfront YN: No Basement YN: No Fireplace YN: No Senior Community YN: No List Price/SqFt: 230.77 Sold Price/SqFt: 196.15 Bedrooms Total: 1 Year Built: 1900

Remarks and Miscellaneous

Public Remarks: Remarkable Mixed-Use Condominium in Chattanooga's Vibrant Southside. Experience the epitome of urban living with this unique mixed-use condominium, nestled in the heart of Chattanooga's highly coveted Southside district. This extraordinary property offers a perfect blend of commercial viability and residential luxury, spread across a generous 13,000 square feet of space. The ground floor condominium hosts Alleia's Italian Restaurant, a culinary gem that anchors this historic 1900's all-brick building. Commercial Excellence: With 6,500 square feet of 2nd Floor commercial space, currently under lease by Keel Point and TextLocate, this property presents an exceptional opportunity for instant cash flow. The vibrant location and established tenant make this an ideal investment. Residential Potential: The upper floor awaits your personal touch. Offering 6,500 square feet of open floor plan shell, the space is a blank canvas ready to be transformed. The current owner has meticulously prepared for a stunning residential conversion, with a complete design envisioned by the renowned Tinker Ma, specifically for the third-floor buildout. Envision creating an exclusive urban retreat, a haven of style and comfort. Or, Design 2-4 Residential Condominium's on this 6,500 sf 3rd Floor shell and get an excellent overall return on your investment. Modern Comforts & Historic Charm: This property harmoniously blends modern upgrades with historic charm. Fully renovated to meet and exceed current codes, the building maintains its original allure while offering contemporary comforts. Elevators provide easy access to the second and third floors, ensuring convenience and accessibility. Exclusive Amenities: The condominium includes a 4-car attached garage, a rarity in this bustling district. This feature adds an extra layer of luxury and practicality, perfect for residents and visitors alike. Directions: From Downtown, Take Market St South to Main St. Left onto Main St, Building is first street facing building on left. Alleia's Italian Restaurant owns the Condominium Suite 101. The Seller is selling the Harrington Building which houses 3 Condominium suites, 101, 201, and 301. THER IS NO SIGN ON THE PROPERTY - Do Not Disturb tenants. Leases available upon request

Status Change Information

Status Change Timestamp: 2025-07-31 Appraisal Waiver YN: No Major Change Timestamp: 2025-07-31T20:53:10Z Major Change Type: Status Change Under Contract Date: 2025-07-21 Close Date: 2025-07-31 Close Price: 2550000

Appliances

None: 1

Community Features

None: 1

Construction Materials

Brick: 1 Fiber Cement: 1 Stucco: 1

Exterior Features

None: 1

Listing Terms

Cash: 1 Conventional: 1

Possession

Close Of Escrow: 1

Sewer

Public Sewer: 1

Utilities

Cable Available: 1 Electricity Available: 1 Phone Available: 1 Sewer Connected: 1 Underground Utilities: 1

View

City: 1 Mountain(s): 1

Water Source

Public: 1

Cooling

None: 1

Foundation Details

Brick/Mortar: 1 Stone: 1

Parking Features

Garage Faces Side: 1 Off Street: 1

Structure Type

Free Standing Building: 1 Multi Family: 1

Levels

Three Or More: 1

Window Features

Wood Frames: 1

Flooring

Other: 1

Heating

None: 1

Interior Features

High Ceilings: 1 Open Floorplan: 1 Plumbed: 1 Stubbed: 1

Roof

Rolled/Hot Mop: 1

License Number Info

Listing Agent’s State of Licensure: TN Listing Agent’s License Number: 289090 Listing Office’s State of Licensure: TN Listing Office’s License Number: 264012 Co-Listing Agent's State of Licensure: TN Co-Listing Agent's License Number: 290184 Co-Listing Office State of Licensure: TN Co-Listing Office License Number: 264012

Lock Box Type

None: 1

Historical Information

Public Historical Remarks 1: Bed/Bath: See Remarks. Equipment: See Remarks. Lot Description: Condo.

Room Types

Loft: 1 Loft Level: Third

Square Footage Information

SqFt - Level 1 (Legacy): 0 SqFt - Level 2 (Legacy): 6500 SqFt - Level 3 (Legacy): 6500

Location Tax and Legal

Street Number: 25 Street Direction Prefix: E Street Name: Main Street Suffix: Street Unit Number: 201-301 County: Hamilton State: TN Postal Code: 37408 Subdivision Name: None MLS Area Major: Chattanooga

Property Features

Appliances: None Community Features: None Construction Materials: Brick; Fiber Cement; Stucco Cooling: None Exterior Features: None Flooring: Other Foundation Details: Brick/Mortar; Stone Heating: None Interior Features: High Ceilings; Open Floorplan; Plumbed; Stubbed Levels: Three Or More Listing Terms: Cash; Conventional Parking Features: Garage Faces Side; Off Street Possession: Close Of Escrow Roof: Rolled/Hot Mop Sewer: Public Sewer Structure Type: Free Standing Building; Multi Family Utilities: Cable Available; Electricity Available; Phone Available; Sewer Connected; Underground Utilities View: Mountain(s) Water Source: Public Window Features: Wood Frames Lock Box Type: None Room Types: Loft

Room Information

Loft Level: Third Remarks: Unfinished Open
Listing Office: Zach Taylor - Chattanooga
Last Updated: July - 31 - 2025
Information deemed reliable but not guaranteed.