824 Dodson AveChattanooga, TN 37406

This vacant, 6,720 square foot retail property located at 824 Dodson Avenue in Chattanooga, Tennessee, presents a compelling value-add opportunity. The single-story building, constructed in 1989 and renovated in 1994, sits on a 0.64-acre lot and is zoned C2. The property features three equally sized units, ideal for a variety of retail uses, and boasts ample parking. The asking price is $550,000, representing a price per square foot of $81.85 and a land value of $859,375 per acre. The property offers a projected 8.00% cap rate. With its strategic location on Dodson Avenue in Hamilton County (zip code 37406), this property is well-positioned for future growth and offers significant potential for increased rental income. The property includes pylon signage. This is a Class C property with one building. The property's APN is 146d E 019. This is a vacant property.