All-Brick Strip Mall
For Sale
$499,000
206-216 E Madison Avenue, Athens, TN 37303
COMMERCIAL - Athens, TN
Property Size7,308 SF
Lot Size0.20 Acres
Price / SF$68.28
Days on Market177
Property Features for 206-216 E Madison Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking features
Parking Lot
Interior features
Storage, High Speed Internet
Appliances
Electric Water Heater
Lot features
Level, Level
Elementary school
Athens City Primary School
Middle school
Athens Jr High
High school
McMinn County
Directions
from Decatur pike turn right onto White Street then turn left onto Madison Ave. Property is on the left, just before the Green Street light.
Standard status
Active
APN
056m D 061.00
Size
7,308 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Annual Amount
1463
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1986
Flooring type
Tile, Concrete
Building materials
Brick
Roof type
Flat
Additional Structures
Storage
Listing Agency:
Crye-Leike REALTORS - Athens
(423) 746-0227
Listed By:
Theba Hamilton · License #315576
(423) 240-8540
Added: Feb 17
Changed: Aug 4
Last Checked: Aug 13 at 7:06PM
MLS# 20260784
Copyright © 2026 River Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This all-brick strip mall building is a multi-unit property designed for income production. The building offers storage and high-speed internet in the interior features, and each unit is currently rented on a month-to-month basis with long-term renters. The property includes an electric water heater, tile and concrete flooring, and a flat roof.
Built in 1986, the building is served by public water and public sewer. Heating is provided by central systems with electric heating, and cooling is central air. On-site parking is available via a parking lot.
The property includes a total of 7,308 square feet and sits on a 0.2-acre lot. Zoning is listed as Commercial.
Built in 1986, the building is served by public water and public sewer. Heating is provided by central systems with electric heating, and cooling is central air. On-site parking is available via a parking lot.
The property includes a total of 7,308 square feet and sits on a 0.2-acre lot. Zoning is listed as Commercial.
Key Highlights
- All‑brick multi‑unit strip mall building at 206‑216 E Madison Avenue, Athens, TN 37303
- 7,308 SF total building size
- 0.2‑acre lot
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
469
Businesses Nearby
5k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
BP
Shops & Services
5,074 visits/mo
0.2 miles
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 Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - All-brick multi-unit strip mall with central air, storage, and high-speed internet, with each unit rented month to month.
Where is this strip mall located?
The property is located at 206-216 E Madison Avenue Athens, TN.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: All‑brick multi‑unit strip mall building at 206‑216 E Madison Avenue, Athens, TN 37303; 7,308 SF total building size; 0.2‑acre lot
