EDGE Former Buehler's Market site shopped

EDGE Former Buehler's Market site shopped

January 1st, 2018 by Mike Pare in EDGE

Staff photo by Tim Barber The former Buehler's Market building is looking for its first new use in more than 40 years.

Photo by Contributed Photo /Times Free Press.

ABOUT THE SITE

* Location: 429 Market St.

* Building size: 6,955 square feet

* Sale price: $2.3 million

* Parking: 11 spaces

* For more information: Andrew D. Holt and John R. Healy of commercial real estate broker SVN/Healy & Co.

The site of a former longtime downtown Chattanooga fixture is available as the central city's redevelopment continues.

Buehler's Market, a downtown grocery store located on Market Street for decades, closed last year.

The 6,955-square-foot brick building on the quarter-acre lot was constructed in 1976, according to Andrew D. Holt and John R. Healy of commercial real estate broker SVN/Healy & Co.

The sale price is $2.3 million. The property on which the store sits was sold by Charles Morton early last year for $1.6 million to a buyer identified as 429 Market Gp.

Possible new uses for the building include mixed use, a restaurant or tavern, according to the broker.

"The property is perfectly situated within walking distance from many of downtown Chattanooga's best known attractions ," the broker says.

Kim White, who heads the downtown redevelopment group River City Co., says a survey last year about the central city showed that specialty grocer Trader Joe's was the No. 1 retailer people wanted to see in the area.

"There is a grocery store need in downtown Chattanooga," she says.