All-Brick Multi-Unit Retail
206216 E Madison Ave Athens, TN 37303
206216 E Madison Ave, Athens, TN, 37303
$499,000
For Sale
$499,000
Multi-unit retail building with month-to-month tenants, positioned in central Athens, TN.
Days on Market155
Property Features for 206216 E Madison Ave
General Information
- Standard status
- Active
Listing agency
Crye-Leike, Inc., REALTORS
(423) 240-8540
Listed by
Theba Hamilton · License #315576
(423) 240-8540
Source
Exprealty
Added: Feb 17 Updated: Jul 10 at 4:00PM Checked: Jul 19 at 8:07AM
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 Crye-Leike, Inc., REALTORS
Investment Insights
Based on property information with market context.
This all-brick multi-unit retail building offers a straightforward, income-producing structure for retail operators and investors. The property is configured as multiple rental units within one building, providing the flexibility to evaluate it as either a turnkey purchase or a base for launching a new retail concept. Based on current operating status, each unit is rented month to month, with long-term renters in place.
Located in the heart of Athens, Tennessee, the property sits on E Madison Ave, putting it in a central commercial setting. The building’s continued occupancy and month-to-month leasing structure can be attractive for buyers who want to acquire retail space without needing to immediately lease up.
For tenants, the multi-unit format may support opportunities to join an existing rental community rather than starting from scratch. For buyers, the current tenancy creates an established rental baseline while still allowing an owner to plan next steps for the building and individual units. Whether you’re seeking an already income-producing retail asset or looking to begin a new venture in an Athens retail address, this property’s brick construction and multi-tenant setup provide a practical starting point.
Located in the heart of Athens, Tennessee, the property sits on E Madison Ave, putting it in a central commercial setting. The building’s continued occupancy and month-to-month leasing structure can be attractive for buyers who want to acquire retail space without needing to immediately lease up.
For tenants, the multi-unit format may support opportunities to join an existing rental community rather than starting from scratch. For buyers, the current tenancy creates an established rental baseline while still allowing an owner to plan next steps for the building and individual units. Whether you’re seeking an already income-producing retail asset or looking to begin a new venture in an Athens retail address, this property’s brick construction and multi-tenant setup provide a practical starting point.
Key Highlights
- All‑brick multi‑unit retail building
- Each unit is currently rented month to month
- Long‑term renters in place
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Multi-unit retail building with month-to-month tenants, positioned in central Athens, TN.
Where is this retail space located?
The property is located at 206216 E Madison Ave 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 retail building; Each unit is currently rented month to month; Long‑term renters in place
