3928 Dayton Blvd Chattanooga, TN 37415-2716

Property Details for 3928 Dayton Blvd

Year built

1935

Lot size

0.27 lot acres

Property size

3,577 SF

Zone code

C2

Property type

Individual retail properties

APN

109P G 009

APU

109PG009

Description

This exceptional investment opportunity presents a two-unit, 3,577 square foot retail/office building situated on a 0.26-acre lot in the heart of Red Bank, Chattanooga, Tennessee. Located at the highly visible intersection of Dayton Blvd and Morrison Springs Road, the property boasts over 20,000 vehicles per day passing by. The building, constructed in 1935 and renovated in 2021, features a brick exterior, single story design, and a flat TPO roof with a transferable 20-year warranty. Currently divided into two suites (2,336 sq ft and 1,241 sq ft), the layout allows for flexibility. One suite was previously a hair salon, offering an open and bright space with multiple workstations and private rooms. The other suite is currently used as office space, featuring private offices and a reception area. The property includes 21 parking spaces and is zoned C-2. The asking price is $675,000, representing a price per square foot of $188.71. This is a value-add investment opportunity with significant potential for increased rental income. The property's excellent location and ample parking make it an attractive proposition for a variety of tenants. The existing columns allow for redevelopment into a single-tenant space if desired. The property's address is 3928 Dayton Blvd, Chattanooga, TN 37415, and the APN is 109P G 009. The lease type is NNN.