$999,000
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.
1544330
MLS
251-303 Riverside Avenue, Chattanooga