Technical
Financial
Distress signals
Property profile

2255 Ctr St Chattanooga, TN 37421

OFF-MARKET
Community centers
Property ID
US80-3546153
19,672 SF 1.01 ac lot Built 1987
Entity Owned 10-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Physician
  • Alternative Medicine Practice Spa & Massage Center
  • Hotel & Motel Resort
  • Physician
  • Physician

Location

2255 Ctr St Chattanooga, TN 37421-1599
Chattanooga metro Census 11445 CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
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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
$845k

Owner & transaction history

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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