Chattanooga’s Historic Harrington Building Hits the Market at $3 Million
In an exciting development for Chattanooga’s Southside, a key part of the downtown renaissance has come up for sale. The Harrington Building, a mixed-use property located at 25 E. Main St., is being listed for a whopping $3 million.
The Harrington Building is not just any ordinary structure. It was originally built in 1900 and underwent significant renovations in 2008, blending its historical charm with modern amenities. The building offers a total of 13,000 net rentable square feet, balanced between commercial and residential spaces.
A Dive into the Building’s Features
The ground floor of the building hosts the well-known Alleia’s Italian Restaurant, a favorite local spot that adds both value and vibrancy to the area. Lawrence, a commercial real estate broker from the Chattanooga Real Estate Group, emphasized how much this enhances the building’s commercial appeal.
Moving to the second floor, there’s a substantial 6,500 square feet of commercial space, presenting extensive opportunities for businesses looking to set up shop in Chattanooga’s thriving downtown. Whether for startups or established businesses, this space provides a prime location.
The top floor offers another 6,500 square feet of open space, perfectly poised for residential development. This shell space can be transformed into an urban haven or divided into multiple residential condominiums, catering to Chattanooga’s growing demand for downtown living. According to the broker, potential buyers could create two to four residential units, further increasing the building’s versatility and potential revenue.
Parking and Accessibility
In addition to its internal amenities, the Harrington has a significant practical advantage; a 4-car attached garage. Parking is often a premium in bustling urban centers, making this feature a valuable asset for both commercial and residential occupiers.
Chattanooga’s Ongoing Renaissance
The sale of the Harrington Building comes at a time when Chattanooga’s Southside has been undergoing a notable transformation. The area has seen a revival in recent years, with an influx of new businesses, eateries, and residential developments. This part of downtown has steadily become one of the city’s most vibrant districts, making properties like Harrington highly desirable.
For anyone interested in purchasing a slice of Chattanooga’s history combined with potential for future growth, the Harrington Building represents a unique and promising opportunity. The mix of commercial and residential spaces offers a range of potential uses, catering to diverse needs while ensuring that the building continues to be a centerpiece in the Southside’s ongoing renaissance.
Contact Information
For further details or inquiries about the Harrington Building, interested parties can reach out to Doug Lawrence of Chattanooga Real Estate Group.
Property Details at a Glance:
- Location: 25 E. Main St.
- Sale price: $3 million
- Rentable space: 13,000 square feet
- Contact: Doug Lawrence, Chattanooga Real Estate Group
