1817 Dodds AveChattanooga, TN 37404

Property Details for 1817 Dodds Ave

Year built

1960

Lot size

0.39 AC

Property size (Sq ft)

6,270 SF

Zone code

C2

Property type

Office properties

Property subtype

Other office properties

APN

156F H 011

APU

156FH011

Description

This exceptional Chattanooga commercial property, located at 1817 Dodds Ave, offers 12,540 square feet of versatile space, ideal for restaurant or office use, or a combination of both. The building sits on a 0.4-acre lot and is zoned C2, allowing for a variety of commercial uses. The property boasts a full commercial kitchen, complete with a large range hood and vent, grease trap, and dishwasher sinks. While a walk-in freezer, coolers, and kitchen equipment are not included in the sale, they are negotiable. A small fenced yard adds to the property's appeal. Ample on-site parking is available on both sides of the building and in the rear, with convenient rear access double doors for loading and unloading. The strategic location offers easy access to I-24, placing it near the Mill Town redevelopment and East Main Street. The property's multi-tenant potential makes it an attractive investment opportunity. The asking price is $1,150,000, translating to approximately $91.71 per square foot. Note that the square footage should be verified by the purchaser. The property's APN is 156F H 011. This is a prime opportunity to acquire a well-equipped commercial property in a rapidly developing area of Chattanooga, Tennessee.

• CAP approach

  CAP return

  Valuation

  6%

  $1,326,132

  6.5%

  $1,224,122

  7%

  $1,136,685

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,021,320

  Geo Method

  $1,223,026

• Alternative Use

  Use

  Valuation

  Residential

  $1,517,912

  Hospitality

  $1,390,399

  Educational

  $1,156,796

  Medical

  $1,196,579

  Retail

  $1,799,460

Location Insight

City

Chattanooga

County

Hamilton

State

Tennessee

Latitude

35.0183

Longitude

-85.2724

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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