Office for Sale in Chattanooga, TN

  • Price: $5.5M
  • Listing type: For sale
  • Asset type: Office
  • Location: Chattanooga, TN 37402
  • Size: 20,400 SF
  • Year built: 1972

Description

20,400 SF Office Building | 2.24 Acres | Riverfront Pkwy across from The Bend Development Rare opportunity to acquire a 20,400 SF former headquarters building situated on 2.24 acres along highly visible Riverfront Parkway in Chattanooga. Recently vacated in February 2026 following the completion of a new adjacent facility, the property offers a unique combination of institutional-quality construction, functional layout, and abundant parking . Originally designed for financial operations, the building features a well-structured floorplan that includes a spacious 4,000 SF lobby , 43 offices, 2 secretary/waiting areas, 2 conference rooms, a large boardroom, bookkeeping office, supply room, mechanical room, and an employee lounge with kitchen . The property also includes a large poured concrete vault , ideal for secure storage or specialty use. Additionally, the building is equipped with four sets of restrooms, one located in each corner , providing convenient access throughout and supporting efficient reconfiguration. The spacious main lobby features soaring ceilings and a generous open area formerly utilized for teller operations, offering excellent potential for reception, collaborative workspace, or conversion to a modern open-concept layout. With non-load-bearing interior walls , the building can be efficiently adapted to suit a wide range of professional or medical uses. Because the property will not be sold to a financial institution, it presents a compelling opportunity for a new owner to fully reimagine and reconfigure the space . The existing infrastructure supports conversion to medical office layouts (exam rooms, patient flow corridors), dental or specialty practices, open-plan professional offices, or multi-department user configurations . The distributed restrooms, multiple functional areas, and strong parking ratio also allow for potential multi-tenant or phased occupancy scenarios , depending on user needs. The property is zoned I-H (Heavy Industrial) ,

Market Context

This office in Chattanooga, TN is listed for sale at $5,500,000 across 20,400 SF ($270/SF). The building dates to 1972. It has been on the market for 27 days. Compare it against other office listings for sale in Chattanooga, TN — <a href="/search/sale/office/tennessee/chattanooga">view the full market</a>.

Unified Estimate

Low Confidence

$229.17/SF – $310.05/SF

Mid: $269.61/SF

Total estimate for 20,400 SF: $5,500,044

Rate estimator only; cost-of-business estimate unavailable.

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