Remarks

Prime Downtown Investment Opportunity - 211 E Washington Ave, Athens, TN

Unlock the full potential of this historic downtown Athens commercial building, perfectly positioned on East Washington Avenue in the heart of the business district. This two-story brick structure offers a unique blend of steady income and untapped upside—ideal for the savvy investor.

The ground level features a long-term, established tenant: Edward Jones, providing immediate, stable cash flow. Adjacent to this is a vacant commercial suite ready to lease, offering an excellent opportunity for added rental income or potential owner-user space.

Upstairs, you'll find over 4,000 square feet of versatile space with endless possibilities—envision loft-style apartments, luxury office suites, storage units, or a creative co-working concept. With its charming façade, walkable location, and mixed-use potential, this property stands out as a value-add investment in a growing market.

Highlights:
• Prime downtown location with street visibility
• Long-term tenant (Edward Jones) in place
• Additional main-level suite available for lease
• Over 4,000 SF of undeveloped upstairs space
• Zoned for multiple uses - residential, commercial, or mixed-use
• Strong upside potential for income and appreciation

Whether you're looking to expand your commercial portfolio, create downtown housing, or launch a mixed-use development, 211 E Washington Ave offers the flexibility, location, and foundation to make it happen.

Details

MLS#: 20252225
Price: $699,000

Style: Mixed Use
Sq Ft: 8134
Year Built: 1930

County: McMinn
Lot Size: 50X83.4
Tax Fee: 3472.9000000000001

School Elementary: Athens City Primary School
School Middle: Athens City
School High: McMinn County