Free-Standing Building on Dodson Ave

Retail-Commercial for Sale
Catylist Listing ID: 30259397
Property Subtypes: Free-Standing Building
Building Size (RSF): 4,047 SF
Gross Building Area: See Agent
Sale Price: $200,000
Unit Price: $49.42 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/6/2018

Overview / Comments

Located in an emerging area of town for commercial properties, 1701 Dodson Avenue is an ideal location for a small business. With 4,047 sqft and 4 separate suites to provide cash flow, enjoy having tenants pay your mortgage. The parcel contains ample parking in the rear of the building and there is a lot adjacent to the building is available for additional $30,000 that would provide an abundance of parking for customers or clients. The primary suite is currently set up for a salon or barber shop with all the equipment in place. The roof was replaced in 2017. This all-brick building is a great shell just waiting for special finishes. In addition to the positive cash flow potential, this is a great opportunity to contribute to the growth and re-emergence of the Avondale area between Glass St and Glenwood. Call for your private showing today.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 136L G 013
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair
Year Built: 1925
Construction/Siding: Brick
Parking Type: Surface
Legal Description: Lts 2 & 3 Blk 19 Burgess Sub Pb 7 P G 31

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,733 63,018 151,229
Median Age: 35.12 35.24 37.05
Households: 3,425 24,874 64,079
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