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2720 Dodson Ave
6,075 SF Retail Building Offered at $200,000 in Chattanooga, TN
Less than (1) minute to historic Glass Street, New Hardy Elementary School,
East Chattanooga City Park, and New soon-to-be-open discount grocer,
Save-a-Lot. Many amazing things are happening in this area, and a savvy
buyer could get into this property at the right price and have a great corner
property suited for many commercial uses.
Two Buildings Available on Two Lots:
Building (1): 4,500 SF Commercial Rental Property sited on approximately
1/2 acre lot. Building is setup for Eight (8) tenants currently and is 90%
leased with (3) tenants taking 7 of the 8 units. Gross income is $2050/
Building (2): 3,375 SF All Masonry Construction sited on approximately 1/4
acre corner lot. Building is vacant and currently condemned by the City of
Chattanooga due to a needed roof replacement and other interior updates.
This property is located in an area of Hamilton County labeled as an
Opportunity Zone and there are many benefits for a buyer who qualifies for
this type of tax incentive. Please contact agent for additional information on
government approved Opportunity Zones and how they can benefit.
The Offering Under Contract
|Price||$200,000||Gross Leasable Area||6,075 SF|
|Sale Type||Investment||No. Stories||1|
|Property Type||Retail||Year Built||1987|
|Lot Size||0.70 AC||APN / Parcel ID||
Major Tenant Information
|Tenant||SF Occupied||Lease End Date|
|B W's Snack Shop||-|
|Third World Imports||-|
|Collection Street||Cross Street||Traffic Vol||Year||Distance|
|Glass St||Awtry St, SW||8,154||2018||0.34 mi|
|N Chamberlain Ave||Emma St, SW||7,421||2018||0.52 mi|
|Dodson Ave||Sherman St, SW||7,867||2018||0.82 mi|
|Bonny Oaks Dr||Parkway Dr, E||14,376||2018||0.98 mi|
|Amnicola Hwy||Stuart St, NE||36,516||2018||1.00 mi|
Lovell Field Airport
|18 min drive||8.7 mi|
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