1 N Jackson Street Athens, TN $ 1,350,000
1 N Jackson Street
$ 1,350,000
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1 N Jackson Street

Athens, TN, 37303
$ 1,350,000
Baths0.0 Sq 43,420

Monthly Estimate*

$ 9,430

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Studio

Commercial Property for sale in Athens, TN

for $1,350,000. This 43,420 square foot building was built in 1924 on a lot size of 0.35.

Looking to start a new business, or have you always wanted to open your own restaurant and bar? This beautiful historic building has it all! The beautifully lit handmade bar invites customers in as they walk through the door. The Owner has all relevant licenses. The two spacious retail spaces each have mini splits with hyper heat and their own entrance that can be utilized as extra space for your business or leased as retail space for long-term additional income. The space once used as a deli can easily be equipped again or leased for added income. The 80x160 basement will be the perfect place for the handyperson or for additional storage. The 54 rooms and 48 bathrooms on the 2nd and 3rd floors can be used as a hotel, VRBO or as rentals that can offer a lifetime of income for someone willing to put in the work to get the plumbing up and running. There is a newer thermoplastic polyolefin roof that will last for years to come. The double road frontage access from this 15,246-corner lot provides excellent exposure in this high traffic area surrounded by a vibrant and thriving area of established local businesses. The pictures do not do justice to this beautiful building that has so much historical significance and must be seen to be appreciated!

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Commercial Active

Price

$ 1,350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,948

Style

Retail,Mixed Use,Hotel/Motel

Lot Size

0.35

Year Built

1924

Town/City

Athens

County/Region

McMinn

MLS | Web ID

20241479

Features
General
Interior Features Wired for Data High Speed Internet Bar
Sewer Public Sewer
Utilities Underground Utilities Water Connected Sewer Connected Phone Connected Natural Gas Connected Electricity Connected
Possession See Remarks
Roof Flat See Remarks
Appliances Dishwasher Exhaust Fan Gas Cooktop
Exterior Features None
Zoning Commercial
Security Features Smoke Detector(s) Security System Leased
Construction Materials Other
Year Built 1924
Electric 3 Phase Circuit Breakers
Property SubType Hotel-Motel
Business Type Restaurant Rental Hotel/Motel
County McMinn
New Construction N
Property Type Commercial Sale
Building Features Public Restrooms City Central Elevator(s) Ground Level Door
Status Active
Directions From I-75 turn left onto Highway 30 and continue to North Jackson Street. Take a right at North Jackson Street and continue onto North White Street. Turn left onto East Madison Avenue and the buildin
High School McMinn Central
City Athens
Lot Size Square Feet 15246.0
Waterfront Y/N N
Street Name Jackson
Elementary School Ingleside
Land Lease Y/N N
Tax Annual Amount 7948.23
Middle/Junior High School Athens Jr High
Property Condition Fixer Functional
Ok to Lease None
Days on Market 13
Structure Type Retail Mixed Use Hotel/Motel
Standard Status Active
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Interior
Flooring Hardwood Marble Tile
Heating Y/N N
Laundry Features Lower Level
Total Baths 0
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Exterior
Lot Features Mailbox Level Landscaped Corner Lot
Water Source Public
Lot Size Area 0.35
Foundation Details Concrete Perimeter Pillar/Post/Pier
Lot Size Acres 0.35
Road Surface Type Asphalt
Lot Size Units Acres
Road Frontage Type City Street
Road Responsibility Public Maintained Road
Open Parking Y/N N
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* Excluded Features
List By
Wanda Morrow

Listing Agent

East Tennessee Properties - Ten Mile

Broker

wmorrowrealtor@gmail.com

Email

Affordability Calculator

$10,092
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,430
Monthly Property Taxes
$662
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3346184 Elementary School
3297534 Middle School
McMinn Central High School High School
Pricing History
DatePricePrice ChangeDescription
4/13/2024$1,350,000 Listed Price

Map


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1 N Jackson Street, Athens, TN, 37303 is a Commercial Property for sale at $1,350,000 with 43,420 sqft and a lot size of 0.35. 1 N Jackson Street is a studio with 0.0 baths and was built in 1924. The property's zip code is 37303 which is in Athens, TN