Restored Two-Bay Gas
For Sale
Contact for pricing
Pending
224 E Madison Ave, Athens, TN 37303
Commercial Sale, Athens, TN
Property Size1,147 SF
Lot Size0.13 Acres
Days on Market48
Property Features for 224 E Madison Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
B-2
Parking
6
Directions
From Congress Parkway and Decatur Pike, head east on Decatur Pike to Athens. Decatur Pike will become Green Street. Continue to the building on the right at the corner of Green Street and E Madison Avenue.
Subdivision
McMinn County - 40
Special listing conditions
Auction
Standard status
Pending
APN
056M D 063.00
Size
1,147 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
548
Utilities
Heating system
Electric (Heating), Heat Pump (Heating)
Cooling system
Central Air
Water source
Public
Amenities
large canopy
period-style fuel pumps
two exterior restrooms with original period tile
glass rollup doors
polished concrete floor
front office and reception area
mechanical room
shop sink
new rubber roof
new HVAC system
new glass storefront
Building Details
Floors in Building
1
Building materials
Metal Siding
Listing Agency:
Powell Auction & Realty,LLC
(865) 938-3403
Listed By:
Kenny Phillips · License #239235
(865) 679-6875
Added: Aug 3
Changed: Sep 13
Last Checked: Sep 19 at 1:06AM
MLS# 1350486
Copyright © 2026 East Tennessee 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 1,147-square-foot gas station property occupies 0.13 acres at 224 E Madison Ave in Athens. Built in the 1950s, the building retains a period-style canopy and decorative fuel pumps, along with two exterior restrooms featuring original period tile. The two-bay shop includes a front office, reception area, polished concrete flooring, shop sink, mechanical room, and two glass rollup doors.
Updates completed between 2024-2025 include a rubber roof, HVAC system, glass storefront, glass rollup doors, interior and exterior paint, polished concrete in the office area, and some updated wiring. The property is zoned B-2 Central Business District and has public water, with water, sewer, and gas identified as available for the downtown commercial portfolio. Central Air cooling and electric heat pump systems serve the building.
Updates completed between 2024-2025 include a rubber roof, HVAC system, glass storefront, glass rollup doors, interior and exterior paint, polished concrete in the office area, and some updated wiring. The property is zoned B-2 Central Business District and has public water, with water, sewer, and gas identified as available for the downtown commercial portfolio. Central Air cooling and electric heat pump systems serve the building.
Key Highlights
- 1,147‑square‑foot gas station on 0.13 acres
- Two‑bay shop with two glass rollup doors
- 1950s building with period‑style canopy and decorative fuel pumps
Property Analytics
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Current Use
Lease Details
2
Service bays
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
657
Businesses Nearby
52k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 57%
Dining 25%
Shops & Services 18%
Food City
Groceries
29,860 visits/mo
0.3 miles
Hardee's
Dining
13,296 visits/mo
0.2 miles
BP
Shops & Services
5,074 visits/mo
0.4 miles
Old National Bank
Shops & Services
3,239 visits/mo
0.3 miles
Napa Auto Parts
Shops & Services
879 visits/mo
0.3 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
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Gas station - Historic commercial building with office space, service bays, and updated mechanical systems.
Where is this gas station located?
The property is located at 224 E Madison Ave Athens, TN.
What are key features of this property?
This property features: 1,147‑square‑foot gas station on 0.13 acres; Two‑bay shop with two glass rollup doors; 1950s building with period‑style canopy and decorative fuel pumps
