Cherry Street
Rare downtown Chattanooga portfolio: two established hospitality and entertainment properties totaling approximately 21,337 SF across three stories, offered together at $5,375,000. The portfolio comprises the Chattanooga Billiard Club (approximately 15,000 SF) and an upscale cigar lounge (approximately 6,500 SF), both anchoring Cherry Street in the heart of Downtown Chattanooga's entertainment district.
The Billiard Club operates across three levels with a full-service bar and commercial kitchen on the first floor, multiple billiard tables and second bar on the second floor, and an unfinished third floor offering substantial expansion potential for office, event, or additional hospitality use. The cigar lounge features approximately 4,500 SF of upscale retail and lounge space across two floors, including a glass-enclosed Spanish cedar humidor, approximately 130 Davidoff humidified cigar lockers, luxury seating, executive boardroom, and a Davidoff double-sided fireplace. The third floor provides approximately 2,000 SF of flexible event and entertainment space. Both properties showcase original brick walls, high ceilings, and large windows preserving historic downtown character. The cigar lounge includes specialized infrastructure with custom air circulation, carbon filtration, radiant heating, and German humidification systems (representing over $250,000 in HVAC investment).
Built in 1930 and situated on 0.18 acres zoned D-CX-12, the portfolio is well positioned for owner-operators, hospitality investors, or redevelopment. Seller financing may be available on the Billiard Club with 20% down, 6% interest, and a five-year balloon. Public transportation, airport access, and bus lines serve the location.
- Two operating hospitality and entertainment venues in Downtown Chattanooga's core
- Billiard Club with full-service bars, commercial kitchen, and unfinished third-floor expansion potential
- Upscale cigar lounge with $250,000+ in specialized HVAC and humidification systems
- Historic brick building with original architectural character and high ceilings
- Seller financing available on Billiard Club; potential owner-user or value-add investment
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725 Cherry Street presents a rare opportunity to acquire an approximately 15,000 SF, three-story historic brick commercial building in the heart of Downtown Chattanooga. Currently operating as the Chattanooga Billiard Club, the property combines an established entertainment and hospitality operation with distinctive architectural character and substantial value-add potential. The first floor features a full-service bar, commercial kitchen, spacious dining area, and dedicated event space suitable for private functions, corporate gatherings, and special events. The second floor serves as the primary entertainment area, offering multiple billiard tables, a second full-service bar, and generous seating. A private elevator services all three levels, with restroom facilities provided throughout the building. The unfinished third floor offers significant expansion potential and could be developed for additional office, event, hospitality, entertainment, or other commercial uses. Original brick walls, wood flooring, high ceilings, decorative ceiling details, and large windows preserve the property's historic downtown character. Offered at $3,750,000, the property is well suited for an owner-user, hospitality or entertainment operator, or investor seeking an established downtown asset with redevelopment upside. Seller financing may be available with 20% down, a 6% interest rate, and a five-year balloon.
Situated in the heart of Downtown Chattanooga, 723 Cherry Street offers an approximately 6,500 SF, three-level commercial property featuring a highly customized cigar lounge and private club buildout. The first two floors provide approximately 4,500 SF of upscale retail and lounge space with a glass-enclosed Spanish cedar humidor, custom cabinetry, approximately 130 Davidoff humidified cigar lockers, luxury seating, executive boardroom space, a Davidoff double-sided fireplace, integrated AV systems, and a heated outdoor patio. The property also includes specialized infrastructure designed for cigar operations, including custom air circulation and carbon filtration, radiant heating, heated floors, and a German humidification system, with ownership reporting an investment of more than $250,000 in HVAC and air-management improvements. The approximately 2,000 SF third floor provides flexible event and entertainment space currently used for billiards tournaments, private events, and gatherings. Offered at $1,625,000, the property presents a distinctive owner-user or investment opportunity with potential applications including a cigar lounge, private membership club, hospitality venue, entertainment concept, or specialty retail destination.
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