Property summary
This exceptional 2,200-square-foot Class A restaurant and bakery is located at 801 Dodds Ave, Chattanooga, TN 37404, in the heart of Glenwood. Built in 1955 and renovated in 2009, this single-story building sits on a 7,380-square-foot lot and offers ample parking with 6 spaces. The property boasts a full-service bakery, spacious kitchen, large coolers, storage closets, a cozy café, bathrooms, office space, exterior storage, a bar and patio area, all within a fenced-in area. Currently operating at 100% occupancy, this established business presents a unique sale/leaseback opportunity with a $505,000 asking price ($229.55/sq ft). The commercial zoning permits a variety of uses. This turnkey operation is equipped to immediately generate revenue and offers a chance to become a neighborhood staple in a rapidly developing area. The property's features include a welcoming sit-down restaurant area, making it ideal for a new owner to step in and continue the success. The sale includes all existing equipment and fixtures. The property is privately owned and has been meticulously maintained. The 100% occupancy is projected to continue until January 1, 2025.
Property profile
VerifiedCap rate & NOI
Current use
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Take-out & Catering Catering Service
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Bakery Specialty Food Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C2 · Chattanooga, TNZoning
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Zoning designation
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