$300,000
$325,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
512 W Bell Avenue Chattanooga, TN 37405
2 Beds
2 Baths
1,266 SqFt
Key Details
Sold Price $300,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 1,266 sqft
Price per Sqft $236
MLS Listing ID 2811035
Sold Date 03/27/25
Bedrooms 2
Full Baths 1
Half Baths 1
HOA Y/N No
Year Built 1930
Annual Tax Amount $1,243
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 50X93M
Property Description
Opportunity awaits with this versatile property at 512 W Bell Ave in Chattanooga, TN! Situated in a prime location with road frontage on both W Bell Ave and Cherokee Blvd, this property offers exceptional visibility and high traffic exposure, making it ideal for a variety of commercial uses. Key Features include Zoning E-CX-3, allowing for flexibility in use, including commercial office space or short-term rental. The property is currently leased to an auto-detail shop with a solid monthly income of $2,500 on a month-to-month lease, offering immediate cash flow for investors. This property offers both residential & commercial potential. The home features two bedrooms and one and a half bathrooms, with ample potential for conversion into office space, short-term rental, or a combination of both. Road frontage offers dual frontage along W Bell Ave and Cherokee Blvd., maximizing exposure and accessibility. With proven income generation, this is perfect for an investor seeking consistent rental income or a business owner in need of a prime location. The property is conveniently located in a vibrant, growing area of Chattanooga, surrounded by an eclectic mix of local businesses, restaurants, and attractions. Within walking distance or just a short drive, you'll find some of the city's most popular spots. Publix is a nearby grocery store for everyday convenience, located just a short drive away. Taco Mamacita is a trendy local restaurant offering a fun atmosphere and delicious Mexican cuisine, a favorite among locals and visitors alike. Milk & Honey, a popular coffee shop and eatery, is perfect for breakfast or a mid-day pick-me-up. Stop by Clumpies, a beloved local ice cream shop that's the perfect spot to relax and treat yourself. Good Kinsman is a must-see shop featuring high-end kitchen items and housewares, offering a curated selection of upscale goods, perfect for home chefs and design enthusiasts.
Location
State TN
County Hamilton County
Interior
Interior Features Ceiling Fan(s), Walk-In Closet(s), Primary Bedroom Main Floor, High Speed Internet
Heating Central, Electric
Cooling Central Air, Electric
Flooring Other
Fireplace N
Appliance Refrigerator, Gas Range
Exterior
Utilities Available Electricity Available, Water Available
View Y/N false
Roof Type Asphalt
Private Pool false
Building
Lot Description Level, Sloped
Story 1
Sewer Public Sewer
Water Public
Structure Type Other
New Construction false
Schools
Elementary Schools Red Bank Elementary School
Middle Schools Red Bank Middle School
High Schools Red Bank High School
Others
Senior Community false
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