2207 Railroad Ave Athens, TN 37303-1625
This 1,500 square foot mixed-use building, situated on a half-acre lot at 2207 Railroad Avenue in Athens, Tennessee, presents a compelling investment opportunity. Previously operated as a restaurant, its adaptable layout offers diverse potential uses for a variety of businesses. The property boasts a recently paved parking lot, providing ample space for customers and employees. Interior improvements include fresh paint, enhancing the overall aesthetic appeal and creating a clean, modern feel. The kitchen is equipped with a brand-new hood system, ready for immediate use or customization to suit a new culinary concept. The building's location in Athens offers excellent visibility and accessibility, making it an ideal choice for entrepreneurs seeking a well-maintained property with significant upside potential. The half-acre lot provides ample space for expansion or outdoor seating, further enhancing the property's versatility. This is a turn-key opportunity for a savvy investor looking to capitalize on a thriving market. The combination of recent upgrades, prime location, and flexible space makes this property a truly attractive investment. Serious inquiries are encouraged to explore the possibilities this unique commercial space offers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-4 · Athens, TNAthens. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.