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    2 White St Athens, TN 37303

    Sponsored
    For Sale
    $465,000

    High-Income Potential, Prime Location

    Property size:
    3,780 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional mixed-use property at 2 N White Street in Athens, Tennessee presents a lucrative investment opportunity. The 3,780 square foot building sits on a 0.05-acre lot at a prime corner location at the intersection of Jackson Street and Courthouse Square. The property boasts a strong rental history with immediate income potential for the new owner. The main level features a street-level storefront currently leased to a children's clothing store for $1,500 per month. Upstairs, the building includes two renovated two-bedroom apartments, each generating $1,200 in monthly rent. Additionally, a newly renovated one-bedroom apartment on the ground floor provides an additional $800 in monthly rental income. This translates to a substantial total monthly rental income of $4,100. The previous owner completed significant renovations, updating the storefront space and the apartments to a high standard. The property's excellent location and strong tenant occupancy make this a rare find in the Athens market. Serious inquiries should provide adequate notice to allow for tenant scheduling. This is a turnkey investment ready to generate immediate returns.

    Property Features for 2 White St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,780 SF
    Lot Size
    2,178 SF

    Building Details

    Year Built
    1908
    Property Profile Location Intelligence

    Current Use by Public Records

    Creekside Massage And Yoga Massage Therapist Treasure's Jewelers Athens Jewelry Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    McMinn
    State
    Tennessee
    Longitude
    -84.59363
    Latitude
    35.44218

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    FAQs

    What type of property is this?
    Mixed-use property - High-Income Potential, Prime Location
    Where is this mixed-use property located?
    The property is located at 2 White St Athens, TN.
    What is the asking price?
    The asking price for this property is $465,000.
    (865) 983-0011
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    2 White St Athens, TN 37303
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    Athens, TN 37303
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 White St Athens, TN 37303
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