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Key Details
Sold Price $300,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,266 sqft
Price per Sqft $236
MLS Listing ID 1506549
Sold Date 03/27/25
Bedrooms 2
Full Baths 1
Half Baths 1
Originating Board Greater Chattanooga REALTORS®
Year Built 1930
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 50X93M
Property Sub-Type Single Family Residence
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. Whole Foods Market is located nearby for organic and specialty grocery shopping and the Tennessee River is just minutes away, providing easy access to scenic views and recreational activities, ideal for outdoor enthusiasts.
The property is also located near the North Shore District, an up-and-coming neighborhood known for its boutique shops, cafes, and restaurants, offering both a vibrant local culture and a bustling business environment. Local attractions include Coolidge Park, a beautifully restored park offering scenic views of the Tennessee River, walking paths, and the iconic carousel - perfect for visitors and residents alike. Chattanooga's Scenic City, known for its growing arts and culture scene, outdoor recreation, and historical charm, continues to attract new residents and visitors, making it an exciting place to invest.
Whether you're an investor looking for a property with consistent rental income or a business owner seeking a prime location with endless potential, 512 W Bell Ave offers tremendous opportunities in a dynamic and rapidly growing area of Chattanooga.
Don't miss out! Schedule a showing today!
Location
State TN
County Hamilton
Area 0.34
Interior
Interior Features Ceiling Fan(s), Eat-in Kitchen, En Suite, High Speed Internet, Primary Downstairs, Tub/shower Combo, Walk-In Closet(s)
Heating Central, Electric
Cooling Central Air, Electric
Flooring Luxury Vinyl
Fireplaces Type Other
Equipment None
Fireplace No
Window Features Storm Window(s)
Appliance Refrigerator, Gas Water Heater, Free-Standing Gas Range
Heat Source Central, Electric
Laundry Electric Dryer Hookup, Inside, Laundry Room, Main Level, Washer Hookup
Exterior
Exterior Feature None
Parking Features Driveway, Electric Vehicle Charging Station(s), Off Street
Garage Description Driveway, Electric Vehicle Charging Station(s), Off Street
Pool None
Community Features None
Utilities Available Cable Connected, Electricity Connected, Phone Connected, Sewer Connected
Roof Type Asphalt,Shingle
Porch Deck, Front Porch, Patio, Porch
Garage No
Building
Lot Description Level, Sloped
Faces I-75 South to I-24 Take exit 2 toward Chattanooga/I-59/Birmingham onto I-24 W. Go for 6.5 mi. Take exit 178 toward Downtown onto US-27 N. Go for 2.8 mi. Take the exit toward Manufacturers Rd/Cherokee Blvd. Go for 0.2 mi. Turn right onto Manufacturers Rd toward Frazier Ave/Renaissance Park/Coolidge Park. Go for 0.4 mi. Turn left onto Cherokee Blvd (US-127). Go for 0.5 mi. Turn right onto Gurley St. Go for 72 ft. Turn right onto W Bell Ave. Go for 171 ft. 512 W Bell is on your right
Story One
Foundation Brick/Mortar, Stone
Sewer Public Sewer
Water Public
Additional Building None
Structure Type Other
Schools
Elementary Schools Red Bank Elementary
Middle Schools Red Bank Middle
High Schools Red Bank High School
Others
Senior Community No
Tax ID 135c K 004
Security Features Fire Escape,Smoke Detector(s)
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Jodi Newell
Realtor | License ID: GA 373648 TN 336487
Realtor License ID: GA 373648 TN 336487