Land For Sale Near S Broad Development in Chattanooga… — Sale in Chattanooga, TN

  • Price: $850K
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Chattanooga, TN 37408

Description

Rare opportunity to acquire a prime infill development site in the heart of Chattanooga's rapidly transforming South Broad District. Located at 2642 Broad Street , this ±0.41-acre vacant parcel offers approximately 100 feet of highly visible Broad Street frontage and is positioned within one of Chattanooga's most active urban redevelopment corridors. Now just minutes from Erlanger Park , which officially opened in April 2026 as the new home of the Chattanooga Lookouts, this property benefits from immediate proximity to one of the city's premier entertainment and community destinations. The stadium has become a year-round attraction featuring baseball, concerts, special events, and family-friendly amenities, generating increased foot traffic and continued investment throughout the South Broad District. Situated within an Opportunity Zone , the site is surrounded by significant public and private investment, including The Bend mixed-use development, new multifamily communities, hospitality projects, restaurants, office space, and infrastructure improvements that continue to reshape the neighborhood into a vibrant live-work-play destination. This flexible development site is well suited for a variety of uses, including: Mixed-use development Multifamily apartments or townhomes Retail with upper-level residential Boutique hotel Office or live-work concept Condominiums or townhomes Long-term land investment A major advantage of the property is its strategic location between Broad Street and Cowart Street, providing excellent visibility, multiple access points, and design flexibility, including the potential for structured or below-grade parking. With Erlanger Park now open and additional phases of the South Broad redevelopment moving forward, opportunities to acquire well-located development sites in this corridor are becoming increasingly limited. This property offers investors and developers the chance to secure a high-visibility site in one of Chattanooga's fastest-gr

Market Context

This multifamily in Chattanooga, TN is listed for sale at $850,000. It has been on the market for 70 days. Compare it against other multifamily listings for sale in Chattanooga, TN — view the full market.

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