Plan: Convert an abandoned factory and warehouse on Main Street into a residence and retail storefront. When completed later this year, the structure will include a 1,400-square-foot storefront with about 3,700 square feet of residential space for the owner behind the store.
Location: 317 E. Main St.
Investment: Projected at $300,000
Owners: David and Susan Dyer, a retired couple from Wisconsin. Susan operates a jewelry business out of their current rental home on Mountain Creek Road.
Builders: Collier Construction
History: The single-story, light manufacturing building was built in 1980, sold in 1987 and used by Reeves Re-Needling Co., until the business closed its local operations nearly two years ago. The Dyers bought the building in March for $285,000.
Why: David Dyer, 65, said he and his wife began visiting Chattanooga to see a sister who lives on Signal Mountain and decided to relocate to Chattanooga when David retired. The couple wanted to buy and rebuild a home on the Southside "where we can walk to restaurants and other attractions." Dyer worked in the wood products industry before retiring and has previously rehabilitated other structures. "It's a great location and we think it has a lot of potential," he said.
Dave Flessner is the business editor for the Times Free Press. A journalist for 35 years, Dave has been business editor and projects editor for the Chattanooga Times Free Press, city editor for The Chattanooga Times, business and county reporter for the Chattanooga Times, correspondent for the Lansing State Journal and Ingham County News in Michigan, staff writer for the Hastings Daily Tribune in Nebraska, and news director for WCBN-FM in Michigan. Dave, a native ...