12,953 SF Value-Add Redevelopment Opportunity | 1.64 Acres
Adaptive Reuse, Multifamily, Self-Storage or Institutional Conversion | Priced at $23/SF
Marketing description
Exceptional value-add redevelopment and adaptive reuse opportunity in fast-growing Bridgeport, Alabama, just 2.9 miles from the Google Data Center and approximately 38 minutes from downtown Chattanooga.
Situated on 1.64 acres, this 12,953 SF two-story commercial building offers outstanding flexibility for investors, developers, owner-users, and institutional buyers seeking a repositioning opportunity at an attractive $23/SF basis.
Originally designed as a church and educational facility, the property features soaring 18'+ ceilings, balcony seating, multiple classrooms/offices, kitchen space, restrooms, and expansive assembly areas, making it well-suited for a wide variety of future uses.
Potential redevelopment and reuse scenarios include:
- multifamily / workforce housing conversion
- indoor self-storage
- office or flex workspace
- daycare / early education center
- community or event center
- training facility
- medical / behavioral health use
- religious / institutional occupancy
A major value driver is the underlying land: according to city mapping, the site spans six buildable lots, creating additional upside for new duplex, triplex, quadplex, or infill residential development.
The property is connected to city sewer, offers strong site accessibility, and includes a roof replaced approximately six years ago, helping reduce near-term capital expenditure requirements.
With housing demand increasing in the surrounding area and limited available inventory, this property presents a compelling opportunity for an investor to unlock significant value through redevelopment, repositioning, or subdivision.
Priced aggressively at just $289,000, this is a rare chance to acquire a large-scale adaptive reuse project with substantial upside potential.
Investment highlights
- 12,953 SF two-story building
- 1.64-acre site
- priced at just $23/SF
- vacant / immediate reposition opportunity
- 6 buildable lots
- former church / school use
- 18'+ ceilings
- city sewer connection
- roof replaced approx. 6 years ago
- 2.9 miles to Google Data Center
- 38 minutes to downtown Chattanooga
- strong multifamily redevelopment potential
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