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Patten parcel: Include part of this historic Chattanooga block in your portfolio

The 40,000-square-foot building at 19 Patten Parkway is on the market and available for multiple uses.
The 40,000-square-foot building at 19 Patten Parkway is on the market and available for multiple uses. The 40,000-square-foot building at 19 Patten Parkway is on the market and available for multiple uses.

By Mike Pare 2 min read

A buyer can be part of history by purchasing a portion of one of Chattanooga’s most historic blocks.

Some 40,000 square feet of building space is for sale at 19 Patten Parkway with an asking price of $7.5 million.

Located in the center of downtown, the block is within walking distance to the University of Tennessee at Chattanooga, says commercial real estate broker Ryan May of Real Estate Partners Chattanooga LLC.

The block once served as the site for city hall, the original Coca-Cola bottling facility and Chattanooga’s first farmers market, he says.

The block will receive a new look in the next year with a $4.9 million renovation designed to reflect the city’s past and promote its innovative future, according to officials.