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LIVE WORK PLAY Discover this distinctive property that redefines the concept of Live - Work - Play. Nestled within the heart of the Brainerd Road historical commercial corridor stands the former, iconic Leonard's restaurant. Encompassing just over 4200 SF, this unique gem is a mixed use space that seamlessly combines two distinct spaces: ⅓ residential space and ⅔ commercial space. Step into a studio living experience where the boundaries between living, dining, and bedroom areas merge. With its own private back door entrance, this versatile space allows for immediate move-in as owner-occupied, short term rental or long term rental. Features include open-faced brick, historic plaster, dark concrete, exposed pine beams and lofty ceilings. The flexibility of the bedroom layout allows for a Murphy bed, an open concept, subtle room dividers or framing walls to tailor the space to your preferences. The existing kitchenette serves as the dedicated kitchen, with an opportunity to open up the wall for a more expansive kitchen design. The residential space is complete with its own dedicated HVAC unit and full bathroom with laundry hookups. The commercial space of the property suggests many opportunities for culinary enthusiasts or ambitious entrepreneurs. The commercial side features an open gallery/ballroom space with bamboo floating floor and a convenient wet bar for refreshments. At the heart of the commercial property is a spacious commercial kitchen, with a grease trap, and stellar 100 rating, licensed by the Department of Health and Department of Agriculture. Whether you aspire to embark on professional food production, operate a ghost kitchen, or establish a restaurant or bar, the infrastructure is in place. Guests and patrons have access to the half bathroom for their convenience. Three-phase power and natural gas open the doors to a myriad of business ventures, while ample storage ensures that inventory and equipment find a secure home within the premises. Parking includes three private spaces on-site and the added advantage of a transferable, large-scale parking agreement with a nearby business, providing access to 60 additional spaces. Whether you dream of a live/work space, a short-term vacation rental, a unique office or studio, this property offers a canvas for your creative aspirations. Unlock the doors to your vision and make this harmonious fusion of residential comfort and commercial promise your own. The appliances, equipment, furniture, and decorative items are negotiable with an acceptable offer.
Property Type(s):
Single Family
Last Updated | 4/9/2024 | Tract | Tunnel Place |
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Year Built | 1920 | Community | Chattanooga |
County | Hamilton |
SCHOOLS
Elementary School | Woodmore Elementary |
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Jr. High School | Dalewood Middle |
High School | Brainerd High |
Price History
Prior to Mar 4, '24 | $695,000 |
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Mar 4, '24 - Today | $675,000 |
Additional Details
APPLIANCES | Electric Water Heater |
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AREA | Chattanooga |
BASEMENT | None |
CONSTRUCTION | Brick |
EXTERIOR | None |
HEAT | Central, Natural Gas, Other |
INTERIOR | Kitchen Island |
LOT | 6098 sq ft |
LOT DESCRIPTION | Level, Zero Lot Line |
LOT DIMENSIONS | 50' x 124' x 52' x 115' |
PARKING | Off Street |
STORIES | 1 |
SUBDIVISION | Tunnel Place |
TAXES | 2581.09 |
UTILITIES | Sewer Connected |
VIEW | Yes |
VIEW DESCRIPTION | City |
WATER | Public |
Location
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