Two Well-Maintained Bldgs with Fenced Storage

Retail-Commercial for Sale
Catylist Listing ID: 30564828
Property Subtypes: Free-Standing Building, Vehicle Related, Other
Building Size (RSF): 11,604 SF
Gross Building Area: See Agent
Gross Land Area: 0.70 SF
Sale Price: $750,000
Unit Price: $64.63 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Griffith Cycle
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/19/2020

Overview / Comments

This is a great opportunity to own valuable property with two large buildings that would service any business needs. This property is located at the south end of Dodds Avenue just minutes from the Georgia state line. The buildings have been home to Griffith Cycle for over 50 years. The roof on both buildings are in great shape and the HVAC units are less that 6 years old.

Building #1 (4700 Dodds Avenue) is 5,904 SF. The building has been updated inside with stained concrete floors, fresh paint, six roll-up doors over fixed glass doors. The interior has three offices and a large showroom and counter space. Behind building #1 is an attached warehouse/workspace with a large roll-up door and there is a 40x40 free-standing metal building that is great for storage. Beyond the warehouse is a generous paved yard enclosed by a chain link fence.

Building # 2 (4704 Dodds Avenue) is 5,700 SF. This building has a sizable glassed showroom facing Dodds Avenue, 3-4 offices and in the back of the building is a large workspace/warehouse. Great space for car maintenance, equipment repair, general contractor, home building products, service company or storage.

Excellent lay-out for a self storage business.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033168O A 01100
Zoning: COMMERCIAL
Retail Clientele: General, Business, Other
Property Located Between: Dodds Avenue and 12th Avenue
Property Visibility: Excellent
Largest Nearby Street: Rossville Boulvard
Feet of Frontage: 246
Highway Access: Property has quick and easy access to Hwy 27.
Airports: Chattanooga Airport
Site Description: The property has two large buildings with 246 feet of road frontage. The buildings are in excellent condition and have many upgrades.
Area Description: This site is located on Dodds Avenue which is a well traveled route linking Chattanooga to the Georgia state line. The property is surrounded by businesses and residential homes.
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Year Built: 1950
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,748 65,371 131,281
Median Age: 33.24 36.37 37.58
Households: 2,065 26,511 53,508

Contact

Photograph of Listing Agent

Joe M Pleva

KW Commercial Greater Chattanooga REALTORS® Member
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