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Property profile & analytics
OFF-MARKET
Office Spaces

202 White St Athens, TN 37303-3551

2,180 SF 0.08 ac lot Built 1961
Individually Owned 9-yr Hold Free & Clear
Property ID
US80-1245277
Property summary
AI-generated overview

This exceptional commercial property at 202 N White Street in Athens, Tennessee, is now available for $479,000. Situated in the heart of the historic downtown area, this 0.08-acre lot offers a unique opportunity for various commercial ventures. The property currently consists of two buildings, totaling approximately 4174 square feet, which could be sold separately. One building offers 2,610 square feet and is priced at $299,000 if sold individually, while the second building comprises 1,564 square feet and is priced at $180,000 if sold separately. The property boasts excellent condition with numerous recent upgrades, including new paint, flooring, doors, water heaters, and fixtures. The left side of the building features a new roof, and each building has its own HVAC system. Ten parking spaces are available, six in the front and four at the rear of the property. This property is ideal for retail or office spaces and presents a compelling investment opportunity in a thriving downtown location. The property's zip code is 37303, and it is located in McMinn County. The seller is open to selling the property as a whole or in separate units. This is a rare chance to acquire a well-maintained commercial property in a highly desirable area.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1961
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,180 SF
Lot 0.08 ac (3,485 SF)
APN 054056M C 00600
UPID US80-1245277
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • TIMOTHY L. HILL Attorney at Law Law Firm
  • Calibrated Electric, LLC Electrical Service General Contractor
  • Taylor's Music (Bike/Boat/Book/etc) Store
  • Sweetwater Valley Title Title Company
  • Smoky Mountain Fresh Roast Coffee Specialty Food Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
James G Landers · 9 yrs held
James G Landers
since 2016
3 recorded transactions
2016
$35,000
2009
Price N/A
1989
$50,400
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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