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ABOUT THE SITE› Location: 17-19 Cherokee Blvd.› List price: $3 million› Year built: 1930, renovated in 2002› No. of stories: 2› Broker: Sandy S. Allison, Fidelity Trust Co.
High visibility is the key phrase when it comes to a building for sale in downtown Chattanooga.
Located in the center of the hot North Shore district, the asking price for the 16,791-square-foot structure on Cherokee Boulevard is $3 million.
The building has 3,500 square feet available for lease, and that's seen as an opportunity for a buyer to occupy part of the center, according to Fidelity Trust Co., which is listing the site. The brick facade structure with stucco-style coating also has 2,083 square feet of covered porch and walkways.
Tenant space is located on both sides of the structure, giving it the appearance of two freestanding structures, the real estate company says.
New retail space and condominiums have been raised nearby in recent years, and more apartments are under construction across Cherokee Boulevard.
The site is adjoining First Tennessee Bank, and the Publix supermarket is located around the corner on North Market Street.