ABOUT THE SITE
Location: 45 E. Main St.Building size: Two stories, 19,630 square feetSale price: $3.8 millionReal estate taxes: $34,387 (annual)For more information: Ryan May of Real Estate Partners Chattanooga LLC
The Soho building at 45 East Main Street is seen on Thursday, Aug. 9, 2018, in Chattanooga, Tenn. A mixed-use building on Chattanooga's hot Southside has an asking price of $3.8 million.
The SoHo building at 45 E. Main St. has four to five commercial retail spaces as well as a half dozen residential units on the second floor of the two-story structure, according to real estate broker Ryan May of Real Estate Partners Chattanooga LLC.
The units are individually metered and could be converted into condominiums, the broker said. A commercial tenant in a combined unit has vacated but is paying rent outlined in a lease agreement, according to the broker. A new buyer could assume that arrangement or occupy space or release it.
One of the residential units is vacant and ready to be leased.
The 19,630-square-foot building is located between the Alleia and Bluegrass Grill restaurants.
The structure has 126 feet of frontage on East Main Street, which is seeing a transformation with a variety of renovated buildings with new uses. The traffic count in front the building is 10,749 vehicles, according to the broker.
The Soho building at 45 East Main Street is seen on Thursday, Aug. 9, 2018, in Chattanooga, Tenn.