4285 Bonny Oaks Dr Chattanooga, TN 37406-1664

Property Details for 4285 Bonny Oaks Dr

Year built

1932

Lot size

2.95 lot acres

Property size

5,668 SF

Zone code

C2

Property type

Retail properties

APN

128E C 004

APU

128EC004

Description

This exceptional 5,668 square foot industrial property in Chattanooga, Tennessee, presents a unique redevelopment opportunity. Situated on a 2.95-acre lot at 4285 Bonny Oaks Dr, this property boasts high visibility near the intersection of Hwy 153, experiencing approximately 17,344 vehicles daily. Currently configured as two buildings – a 2,956 square foot main commercial facility and a separate structure – the property offers immense potential. The main building previously housed a nearly century-old engine repair and machine shop, offering a turnkey operation for a buyer. Alternatively, the expansive lot allows for redevelopment into various uses, including multi-family, self-storage, industrial, or retail, maximizing its highest and best use. The property is zoned C-2 and features a single-story design, built approximately in 1970. The asking price is $1,999,999, translating to $352.86 per square foot. The contents of the existing machine shop are available for an additional $100,000, as-is. This property is being offered as-is. Excellent access to Hwy 153, I-75, and other key transportation arteries makes this a compelling investment in the thriving Hwy 58 area. The second building, originally a residential home, requires renovation before occupancy. This is a sale by owner opportunity.