109 Park Street Athens, TN $ 198,000
109 Park Street
$ 198,000
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109 Park Street

Athens, TN, 37303
$ 198,000
Baths0.0 Sq 1,320

Monthly Estimate*

$ 1,383

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Studio

Commercial Property for sale in Athens, TN

for $198,000. This 1,320 square foot building was built in 1970 on a lot size of 0.21.

Prime Downtown Commercial Property Discover an exceptional investment opportunity in the heart of downtown [City Name]. This one-story commercial building with an elegant brick front offers an array of advantages that make it a standout choice for savvy investors. Property Highlights: Location: Situated in the bustling downtown district, this property enjoys high visibility and a substantial daily traffic count. Its central position provides a strategic advantage for businesses seeking to thrive in a dynamic urban setting. Utilities: Benefit from the convenience of public electric, water, and sewer services, ensuring seamless operations for your businesses. Heating Options: The building is equipped with both electric and gas heating systems, offering energy-efficient climate control for your tenants. Full Occupancy: The property is currently 100% occupied, providing a reliable and steady income stream. With one distinct and flourishing business - Tattoo Parlor - tenant stability is already assured. Accessibility: Enjoy easy access to major transportation routes, including Highways 30 and 39, as well as White Street, simplifying logistics and drawing customers from a broad area. Proximity to Amenities: Within a short walk, your tenants and customers can access essential services, including the courthouse, post office, and the well-frequented Food City, adding to the convenience of the location. Owner asked that all viewing appointments be set through Teresa Mustar. Do not disturb business tenant during business hours. This meticulously maintained building not only offers a secure income but also provides a promising opportunity for further development or expansion. The combination of location, tenant stability, and accessibility makes this property an attractive addition to any investment portfolio. Don't miss your chance to own a piece of the thriving downtown scene. To schedule a viewing, contact Teresa Mus

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Commercial Contingent

Price

$ 198,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 941

Style

Office

Lot Size

0.21

Year Built

1970

Town/City

Athens

County/Region

McMinn

MLS | Web ID

20237853

Features
General
Interior Features Other
Sewer Public Sewer
Heating Electric
Cooling Electric Other
Utilities Water Connected Water Available Sewer Connected Sewer Available Phone Connected Phone Available Natural Gas Available Electricity Connected Electricity Available
Possession Close Of Escrow
Roof Flat
Appliances Other
Exterior Features None
Zoning Commercial
Security Features Other
Construction Materials Block Brick
Year Built 1970
Tenant Pays All Utilities Trash Collection
Property SubType Office
County McMinn
New Construction N
Property Type Commercial Sale
Building Features Other
Status Active Under Contract
Directions McMinn County Courthouse 6 E Madison Ave Athens TN 37303 Head east on E Madison Ave toward N Jackson St / TN-39 0.1 mi 2.Turn right onto S Baxter St then immediately turn right onto TN-30 / G
High School McMinn County
City Athens
Lot Size Square Feet 9147.6
Waterfront Y/N N
Street Name Park
Elementary School Athens City Primary School
Land Lease Y/N N
Tax Annual Amount 941.29
Middle/Junior High School Athens Jr High
Property Condition Updated/Remodeled
Ok to Lease Month To Month
Days on Market 39
Structure Type Office
Standard Status Active Under Contract
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Interior
Flooring Carpet Concrete
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features Other
Total Baths 0
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Exterior
Fencing None
Parking Features Asphalt
Lot Features None
Water Source Public
Total Parking 12.0
Lot Size Area 0.21
Foundation Details Block Slab
Lot Dimensions 70X148
Lot Size Acres 0.21
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
Teresa Mustar

Listing Agent

Bridge Property Management Group, Llc

Broker

teresa@bpmg.us

Email

Affordability Calculator

$1,462
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,383
Monthly Property Taxes
$78
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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4249383 Elementary School
2912908 Middle School
McMinn County High School High School
Pricing History
DatePricePrice ChangeDescription
10/28/2023$198,000 Listed Price

Map


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109 Park Street, Athens, TN, 37303 is a Commercial Property for sale at $198,000 with 1,320 sqft and a lot size of 0.21. 109 Park Street is a studio with 0.0 baths and was built in 1970. The property's zip code is 37303 which is in Athens, TN