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For Sale

Somer Station

110 Somerville Ave,
Chattanooga, TN 37405

Asset Snapshot

2023
Year Built
3
Floor Count
2
Building Count
22 Units
Unit Count
0 SF
Average Unit Size
53,087 SF
Property Size

Offering Summary

Investment Overview

SVN | Second Story is pleased to present the opportunity to acquire 110 Somerville Avenue, a premier mixed-use asset in Chattanooga’s vibrant Northshore neighborhood. This newly built property offers high-quality office, and multifamily space supported by a diverse tenant mix and long-term lease structures, delivering exceptional investment stability in one of the Southeast’s fastest-growing markets. Somer Station’s office component is 84% occupied by two long-term NNN tenants, with a 5,000 SF suite available. The Lofts at Somer Station include 22 fully furnished apartments and are 100% occupied, providing steady multifamily income within a highly walkable submarket. The asset benefits from riverfront adjacency, on-site parking, and walkable access to the national retailers, local boutiques, restaurants, and galleries that define the Northshore lifestyle. Nearby amenities include Publix, Whole Foods, Chipotle, Orangetheory Fitness, Starbucks, Coolidge Park, and the Walnut Street Bridge.


Investment Highlights

  • OFFICE (SOMER STATION) | Two long-term NNN-leased office tenants | 5,000 SF Vacant Suite | 84% Occupancy
  • MULTIFAMILY (LOFTS AT SOMER STATION) | 22 fully-furnished apartments | 100% occupancy

How it Works

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Listing Syndicated From

Buildout
For Sale
$12,250,000
Asking Price