The former knitting mill at 1433 Williams Street is three stories tall and 5,000 square feet.

About the site

› Location: 1433 Williams St.

› Building size: Three stories

› Sale price: $1.75 million

› Zoning: UCX4 mixed-use zone, commercial and residential

› For more information: Chad Wamack of NAI Charter Real Estate Corp.

An old knitting mill facility in the heart of downtown Chattanooga's Southside has a new use, and it's seeking a new owner.

The three-story structure at 1433 Williams Street is 5,000 square feet in size, and the site has a $1.75 million asking price. Office space is located on the first and second levels.

The redeveloped mixed-use space is a blend of industrial, office and residential in the Southside, according to Chad Wamack, a broker for NAI Charter Real Estate Corp.

The site is located one block from the Chattanooga Choo Choo and less than a half block from Main Street.

The flexibility of the space allows for office and residential and creates an attractive live and work downtown location, according to the broker.

The building has tall ceiling heights, and well-positioned large windows create expansive space with natural light throughout, Wamack said.

An array of new apartments have gone up in the Southside and more are slated to come on the market this year. Also, new condominiums and townhouses are planned.