Chattanooga's sizzling North Shore is serving up a nearly 1-acre tract for a redevelopment opportunity.
Ziggy's Bar & Grill and surrounding property at 607 Cherokee Boulevard is on the market with a sale price of $2.2 million, according to Trace Walker of Fletcher Bright Realty.
The property is currently zoned E-CX-3, allowing for mixed-use residential development with minimal setbacks, the commercial broker said.
The commercial mixed-use zone is intended to accommodate a variety of residential, retail, service, and commercial building forms and uses in a pedestrian-friendly environment, according to the broker. Although buildings are allowed to be exclusively residential or nonresidential in use, the mix of uses is encouraged and 3-story development is permitted.
ABOUT THE SITE
* Location: 607 Cherokee Blvd.* Sale price: $2.2 million* Zoning: Commercial mixed use* Year built: 1940* For more information: Trace Walker of Fletcher Bright Realty
The building size is 14,014 square feet and was raised in 1940.
New condominiums, townhomes and offices are underway nearby off Cherokee Boulevard as the key North Shore artery undergoes a transformation.