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Property profile & analytics
OFF-MARKET
Community centers

2255 Ctr St Chattanooga, TN 37421-1599

19,672 SF 1.01 ac lot Built 1987
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US80-3546153
Property summary
AI-generated overview

This exceptional 2,000 square foot retail space, located at 2255 Center Street in Hamilton County, presents a unique investment opportunity. Situated on a 1.03-acre lot, this single-tenant property, built in 1987 and renovated in 2014, offers a versatile layout ideal for a variety of businesses. The space, previously utilized as a spa, features three private studio rooms, each equipped with sinks, providing ample privacy for clients. Two restrooms add convenience, while polished concrete floors and 12-foot ceilings in the main area create a modern and spacious atmosphere. The open floor plan allows for flexible configuration to suit diverse business needs. Access to two shared courtyard patio areas provides additional outdoor space for clients or staff. The property's APN is 148e A 041.01. Its single-story design and ample square footage make it an attractive option for a variety of uses, including photography studios, office spaces, yoga studios, or massage schools. The property is currently fully vacant, offering immediate occupancy for the new owner. This location presents a rare opportunity to acquire a well-maintained, versatile property in a desirable Hamilton County location.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1987
Total area 19,672 SF
Lot 1.01 ac (43,996 SF)
Zoning code C2
APN 148E A 041.01
UPID US80-3546153
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Nancy Humberger Physician
  • A Better You Day Spa Alternative Medicine Practice Spa & Massage Center
  • The 107 Venue Hotel & Motel Resort
  • Hans Calvin Humberger Physician
  • Raven Physical Therapy Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Sai Real Estate Holdings LLC · 10 yrs held
Sai Real Estate Holdings LLC
since 2015
5 recorded transactions
2015
$825,000
2006
$825,000
2006
Price N/A
1998
Price N/A
1969
Price N/A
Zoning & alternative use
C2 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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