Property summary
This exceptional 1,320 square foot commercial building, located at 1012 E Madison Avenue in Athens, Tennessee, presents a unique opportunity for entrepreneurs and business owners. Situated on a 0.19-acre lot, this property boasts a prime location, offering convenient access to the popular Mayfield Dairy and a picturesque park, ensuring high visibility and foot traffic. The building's versatile layout is well-suited for a diverse range of commercial uses, including restaurants, salons, coffee shops, or small office spaces. Its charming character combined with functional design creates a welcoming environment for customers and clients alike. The property is zoned for a variety of commercial uses, providing flexibility for potential buyers. This is an excellent chance to establish or relocate your business in a thriving area with strong community presence. The asking price for this attractive commercial property is $170,000. Don't miss this opportunity to secure a thriving business location in a desirable part of Athens, Tennessee. Schedule a viewing today to explore the potential of this exceptional property.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Local Business District B-1 Central Business District B-2 Intensive Business District B-3 Medical District M-1 Professional District P-1 Light Industrial District I-1 Heavy Industrial District I-2 Interstate Interchange…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Athens, TNLocal Business District B-1 Central Business District B-2 Intensive Business District B-3 Medical District M-1 Professional District P-1 Light Industrial District I-1 Heavy Industrial District I-2 Interstate Interchange…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Local Business District B-1 Central Business District B-2 Intensive Business District B-3 Medical District M-1 Professional District P-1 Light Industrial District I-1 Heavy Industrial District I-2 Interstate Interchange…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-1 in Athens, TN.
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