Mixed-Use Retail and Apartment
For Sale
Contact for pricing
205-207 W Washington Ave, Athens, TN 37303
Combined commercial and residential asset with a boutique retail operation and nine apartments in a downtown setting.
Property SizeContact for details
Days on Market143
Property Features for 205-207 W Washington Ave
General Information
Standard status
Active
Property subtype
Mixed Use, Retail
Additional Details
Cap Rate
10.4%
Highway Access
Yes
Multifamily Units
9
Listing Agency:
K W Cleveland
(423) 813-9800
Listed By:
William Eilf · License #TN 337177
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 8:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of K W Cleveland
Investment Insights
Based on property information with market context.
This mixed-use property combines a boutique retail space with 9 residential apartments, creating both commercial and residential components within one asset. The property is located at 205-207 W Washington Ave in Athens, Tennessee, within the Courthouse District/Main Street area of downtown.
The site is near Tennessee Wesleyan College, Edward Jones Financial, and CVS, with access to I-75 a short drive away. The offering is identified with a 10.4% cap rate, providing a key metric for evaluating the existing income profile.
The site is near Tennessee Wesleyan College, Edward Jones Financial, and CVS, with access to I-75 a short drive away. The offering is identified with a 10.4% cap rate, providing a key metric for evaluating the existing income profile.
Key Highlights
- Mixed‑use asset with boutique retail space and 9 residential apartments
- 10.4% cap rate
- Located in Athens, Tennessee’s Courthouse District/Main Street area
Property Analytics
Current Use
Lease Details
9
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
657
Businesses Nearby
Explore this area
Business Placement
Demographics for 37303, TN
25,894
Population
11,460
Households
2.3
Avg Household Size
42
Median Age
21%
College-Educated
86%
High-School Grad
148.9 sq mi
ZIP Area
174
Density / Sq Mi
$60,874
Median Household Income
$37,996
Median Earnings
$815
Median Rent
$196,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Combined commercial and residential asset with a boutique retail operation and nine apartments in a downtown setting.
Where is this mixed-use property located?
The property is located at 205-207 W Washington Ave Athens, TN.
What are key features of this property?
This property features: Mixed‑use asset with boutique retail space and 9 residential apartments; 10.4% cap rate; Located in Athens, Tennessee’s Courthouse District/Main Street area
