950 Vine St, Chattanooga, TN 37403

Choose nearby businesses to show on the map:

Building Details:

• Year Built: 1900

950 Vine St is located in Chattanooga, TN.

BUYER NEEDS TO VERIFY SQUARE FOOTAGE. Rare Opportunity to purchase 1.6 Acres near The University of Tennessee Chattanooga. Property consists of 3 buildings (approximately 11,300 SF) including a beautiful all brick 3 story home constructed in the 1900’s. Adjacent, there is a 2 story all brick meeting hall with dining room and kitchen. The original Carriage House square footage is not included. The property is located within the Historic Fort Wood National Historic District. This is a fast growing area and is in desperate need of student housing and support. ‘Over the next 10 years unmet demand for Student Housing is estimated to be 4,100 Beds’. (Robert Charles Lesser & Co. - now RCLCO 1-15-2014 - see http://www.rivercitycompany.com/new/rcc/ [Downtown Chattanooga Study-view study]) This would increase student population by 3,000-5,000. This fine property is in such a high demand area that even the parking lot will generate revenue. (See photos to fully appreciate historic value) Institutions and Developers have previously made offers. TIME IS OF THE ESSENCE!