220 E Madison Ave
Athens, TN, 37303 Bedrooms-- Baths0.0 Monthly Estimate*
-- . The lot size is 0.11.
ONLINE ONLY REAL ESTATE AUCTION | 1 of 5 Premier Commercial Properties in Downtown Athens, TN - B-2 Central Business District - SELLING TO THE HIGHEST BIDDER | BIDDING BEGINS TO CLOSE: Tuesday, September 1st at 12:00PM - Noon (ET) | OPEN HOUSE: Friday, August 28th at 12:00PM - Noon (ET) | This strategically situated 0.11+/- acre lot located directly behind 221 E Washington Avenue serves as a valuable and complementary addition to the overall Downtown Athens commercial portfolio. Whether utilized as dedicated parking, future expansion space, or as part of a larger redevelopment vision, this lot adds a meaningful layer of flexibility and potential to the contiguous city block offering. Located directly behind 221 E Washington Avenue. Zoned B-2 -- Central Business District. Ideal for parking or future development. In a downtown commercial setting where land is at a premium, an additional lot of this nature provides invaluable options for parking, expansion, or future development. As part of the larger five-property portfolio in Downtown Athens, this lot rounds out an already exceptional commercial offering and adds tremendous long-term value and versatility for any buyer or developer with a vision for the future of this remarkable downtown corridor. This exceptional commercial portfolio presents a rare and significant opportunity to acquire five strategically located properties in the heart of Downtown Athens, Tennessee. Four of the five properties form a contiguous city block, offering a unified and highly versatile footprint in the Central Business District, while the fifth property sits prominently across Madison Avenue at the corner of Green Street and Madison Avenue. All five properties are zoned B-2 - Central Business District with all utilities available including water, sewer and gas, unlocking a wide range of commercial, retail, office, hospitality, and mixed-use possibilities. Downtown Athens is a thriving and growing community, and opportunities to acquire a contiguous city block - combined with an additional prominent corner property - in the Central Business District are extraordinarily rare. Whether you're a developer envisioning a transformative mixed-use project, an investor seeking a significant commercial foothold in McMinn County's seat, or an entrepreneur looking to establish or expand a business presence in the heart of a vibrant downtown corridor, this portfolio delivers the scale, zoning, and location to make virtually any vision a reality. Buyer to verify all information. Kenny Phillips, Auctioneer | TN Lic #2385 - Phillip Hopper, Auctioneer | TN Lic #6709
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FeaturesGeneralTopography Level Cleared
County McMinn County - 40
Property Type Lots & Acreage
Subdivision Name Athens
Status Active
Directions From Congress Parkway and Decatur Pike head east on Decatur Pike to Athens. Turn right on N White Street to left on E Madison Avenue to the property on the left.
City Athens
Zoning Description Zoned Commercial
MLS Area McMinn County - 40
Lot Size Units Acres
Lot Size Square Feet 4791.6
MLS Area Minor McMinn County - 40
Standard Status Active
New Financing Cash true
New Financing Coventional true
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ExteriorLot Features Corner Lot
Lot Size Area 0.11
Lot Dimensions 41.8 x 83.4
Lot Size Acres 0.11
Lot Size Source Tax Records
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* Excluded FeaturesList ByKenny PhillipsListing Agent
Powell Auction & Realty,LlcBroker
kenny@powellauction.comEmail
Affordability Calculator
- Monthly Principal & Interest
- --
- Monthly Property Taxes
- $13
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyLots and land listings in Athens, TN
Average List Price $671,578
Percent of Sale Price ∞
About Athens, TN 14,362 Population
7% Since 2002
$ 32,094 Median Income
39.24 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School