2642 Broad St, Chattanooga, TN 37408

Description

Land for Sale | Prime Location on Broad Street near Publix, Lookouts Stadium, and The Bend Development | Opportunity Zone

Seize the opportunity to own a piece of the dynamic and rapidly transforming Broad Street in Chattanooga, TN. This 0.41-acre vacant parcel is perfectly positioned between Broad Street and Cowart Street, offering nearly 100 feet of frontage along bustling Broad Street. Situated across from one of Chattanooga's largest vacant industrial areas, this site spans all the way to the interstate, Tennessee River, and Moccasin Bend. A game-changing development is on the horizon, with the City recently approving a new baseball stadium for this 100+ acre site, serving as the catalyst for over $1 BILLION in new investments. The baseball stadium (Erlanger Park) is on track to open Spring 2026. The neighboring parcel to the south features charming, historic brick buildings at the corner of W 27th Street, while the parcel to the north is also vacant. With potential for a basement or below-grade parking, this lot offers versatile development options. Located in the Southside Gardens area, this neighborhood is primed for redevelopment, with local developers planning new single-family and multifamily homes on nearby vacant lots. A new Publix just a mile south has already sparked growth along the S. Broad corridor, and a Food City also opened a mile north. The location provides excellent connectivity with easy access to Hwy 27 and I-24, where recent updates to the I-24 exits, including Broad Street, accommodate the growing traffic. This ensures smooth access for interstate travelers, nearby neighborhoods like St. Elmo, and downtown Chattanooga. The property is also near the River Walk's Chestnut Street Trailhead, major attractions like Rock City and Ruby Falls, The Bend, outdoor recreation, dining, entertainment venues, and multiple interstates (I-75, I-24, I-59).