1101 S Watkins St, Chattanooga, TN 37404

Property Features
Commercial
Ground Floor: +/- 40,480 SF
First Floor: +/- 40,673 SF
Stand Alone: +/- 8,000 SF
$12-$15 PSF NNN / Lease Purchase Option
Parking: 175 surface, 50 garage, 225 total
Solid concrete construction
16'-24' Ceiling heights
Loading dock availability
Industrial scale utilities available
30k gallon water tower/ billboard
Iconic smoke stack
Residential
First Floor: 42 live/work apartments
Second Floor: 43 loft apartments

Comments
The building's historic character and location offers tenants a unique mixd use space in urban Chattanooga. The
modern exposed concrete, massive beams, soaring ceilings and oversized windows creates a welcoming and
inspiring atmosphere. Application in progress with the National Historic Register. Available starting spring of
2020 and 2021.

NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE For more information:

ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED
SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS,
PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY
Jay Martin 423-704-0179
SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR
REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY
Nick Rader 989-906-1150
HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED.
 PLACE MAKING GOALS
- Mixed use, live/work community hub
Text
- Include the surrounding neighborhoods, educators,
entrepreneurs, artists, and creative professionals
- Sustainable energy and water efficiency
development
- Interconnectivity and ease of flow throughout site

HISTORY
The Dixie Mercerizing Company was built Textin 1920
by local entrepreneur and founder of Coca Cola
Bottling, Jack Lupton, bringing the textile industry
and mercerizing yarn process to the Southeast.
The plant worked largely in tandem with it’s sister
Text plant in Lupton City and continued operations
until closing down in 2009. The company name
changed to Dixie Yarns, then RL Stowe Mills as the
last yarn manufacturer. Dixie Yarns is now The
Dixie Group and has transitioned to one of the
worlds top flooring manufacturers. The building
ownership has changed several times since 2009,
but has remained vacant and largely disregarded.
The developers are excited to bring new life back
into this neighborhood and iconic building.
 First Floor Unit Breakdown
Units per Floor Area
1 BR 2 BR Level 1 Mezanine Unit Area Total Area
Loft 1 35 728sf 368sf 1,096sf 38,360sf
Loft 2 1 1,256sf 649sf 1,905sf 1,905sf
Loft 3 2 731sf 371sf 1,102sf 2,204sf
Loft 4 2 871sf 456sf 1,327sf 2,654sf
Loft 5 1 648sf 505sf 1,153sf 1,153sf
Loft 6 1 1,194sf 490sf 1,684sf 1,684sf
Loft 7 714sf 506sf 1,220sf
Loft 8 1,273sf 776sf 2,049sf
40 2 47,960sf

Lobby/Common 12,356sf
Mech/Elec 312sf
1
Total Area 60,628sf 05

Mail Room Bike Kitchen

LEVEL 1
1
1" = 30'-0"

First Floor
02
09/24/18
18-035
Residential Building
1" = 30'-0"
Ridgedale Mill
 Second Floor Unit Breakdown
Units per Floor Area
1 BR 2 BR Level 1 Mezanine Unit Area Total Area
Loft 1 35 728sf 368sf 1,096sf 38,360sf
Loft 2 1 1,256sf 649sf 1,905sf 1,905sf
Loft 3 2 731sf 371sf 1,102sf 2,204sf
Loft 4 871sf 456sf 1,327sf
Loft 5 1 648sf 505sf 1,153sf 1,153sf
Loft 6 1 1,194sf 490sf 1,684sf 1,684sf
Loft 7 2 714sf 506sf 1,220sf 2,440sf
Loft 8 1 1,273sf 776sf 2,049sf 2,049sf
40 3 49,795sf

Lobby/Common 8,887sf
Mech/Elec 312sf
1
Total Area 58,994sf 05

Level 2
1
1" = 30'-0"

Second Floor
03
09/24/18
18-035
Residential Building
1" = 30'-0"
Ridgedale Mill
 Basement Breakdown
Tenant 01 6,370sf
Tenant 02 3,383sf
Tenant 03 1,336sf
Storage 5,019sf 296sf/unit 16 units
Lobby/Common 3,504sf

Total Leasable 16,108sf

Total Common 3,504sf
Total Area 40,480sf
Total Parking 50 spaces

Tenant 03

8' - 4" 12' - 6"

Tenant 01 28 Compact Spaces 22 Large Spaces

Tenant 02 Storage Units Lobby/Common

Basement
1
1" = 30'-0"

Basement
06
09/24/18
18-035
Commercial Building
1" = 30'-0"
Ridgedale Mill
 First Floor
Tenant 04 8,939sf
Tenant 05 8,830sf
Tenant 06 3,221sf
Tenant 07 7,770sf
Tenant 08 2,854sf
Lobby/Common 6,333sf
Exterior 2,726sf

Total Leasable 31,614sf

Total Area 40,673sf

Tenant 04 Tenant 07

Lobby /Common Exterior Lobby /Common

Tenant 05 Tenant 06 Tenant 08

LEVEL 1
1
1" = 30'-0"

First Floor
07
09/24/18
18-035
Commercial Building
1" = 30'-0"
Ridgedale Mill
 Unit Interior
1

3D-Unit
12
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18-035
Residential Building
Ridgedale Mill
 Level 1 Hall
1

3D-First Floor
13
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18-035
Residential Building
Ridgedale Mill
 Level 2 Hall
1

3D-Second Floor
14
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18-035
Residential Building
Ridgedale Mill
 3D View Pool
1

Pool
15
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18-035
Ridgedale Mill
 Restaurant Patio
1

Restaurant Patio
16
09/24/18
18-035
Ridgedale Mill
1101 S Watkins St - Conceptual Images - Exterior
1101 S Watkins St - Conceptual Images - Commercial
1101 S Watkins St - Existing Conditions
 1101 S Watkins St - Recent Area Redevelopment

5
2 8
3 9 89

4 10
1
2
4 14
3 1
12
13 1101 S Watkins St, Chattanooga, TN
5 6 6 10 5 acre, 233,000 SF industrial property 5-9
13 7 11 12 minutes from downtown Chattanooga. This
plant was built in 1920. The property
15 includes a 30,000 gallon water tower,
chimney tower, creek water source, holding
1 pond, loading doc, and fenced exterior.

Recent Commercial Development 2018 Residential Sales

1. 1155 E Main St - Sculpture Flats - mixed use development open April
1. 1504 E 14th St - recent rehab sold for $190k, $166sqft
2018 (22 apts & 4,000 sqft commercial)

2. 1226 E 14th St - Stove Works - 75,000 sqft building was bought 2. 1600 Union Ave - renovated home sold for $349k, $154sqft
and is being redeveloped into a non-profit artist in residence program.
3. 909 S Holly St - renovated home sold for $250k, $200sqft
3. 1216 E Main St - Wheel House - 30,000 sqft creative office space
and maker space.
4. 1602 Anderson - new construction pending at $310k, 151sqft
4. 1435 E 14th St - M&M Industries - 239,000 sqft that was purchased (for
$3-4MM) & spent an additional $3MM in redevelopment and $24MM in 5. 2411 Vine St - sold for $166k, $149sqft
equipment in 2018.

5. 1804 E Main - The Spot - 4,761 sqft new coffee shop that opened in 2017. 6. 1218 S Lyerly - new construction, pending at 185k, $160sqft

6. 1810 E Main - Annie Hanks Ceramic Studio - 3,000 sqft opened in 2017. 7. 1906 Vine St - rehab sold for $225k, $127sqft

7. 1900 E Main - Dwell Designed Construction - 7,880 sqft purchased in 2017

for $425,000. Was rehabbed and Dwell moved their office there in 2018. 8. 2211 Chamberlain - new construction/rehab listed at $289k

8. 1728 Bailey - Mai Bell - 38,000 sqft - CNE tore down previous structure 9. 2213 Chamberlain - new construction/rehab listed at $322k
and built a 49 unit apt building in 2017.
10. 1222 S Lyerly - new construction, listed for 235k, $168sqft
9. 1715 Union Ave - CNE is planning to build three 6-unit buildings and a
commercial building with 8-16 units.
11. 2007 Duncan Ave - rehab pending at $319k, $124sqft
10. 2100 Union - CNE has bought and is building 1.5 blocks of
new construction: commercial, multi-units & residential. 12. 1907 E 13th St - rehab pending at $160k, $156sqft
11. 2301-2315 E Main St - Renew - 4,500 sqft new redevelopment.
A restaurant, a bike shop, a plant nursery, and a construction company 13. 121 Morningside Dr - sold for $310k, $137sqft
will occupy the previously vacant buildings.
14. 1608 E 13th St - sold for $205k, $156sqft
12. 2314 E 13th St - Red Bud - 3,964 sqft redevelopment of an old church
building that was vacant into a wedding and music venue.
15. 2100 Union Ave - 6 new homes at $165k each, $183sqft
13. 1601 S Holtzclaw - West Rock - 150,000 sqft M-1 industrial building on 7
acres pending at $2.7MM.

NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF

THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, For more information:
OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR
FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS Jay Martin 423-704-0179
IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE
CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED.
Nick Rader 989-906-1150