206-216 E Madison Avenue Athens, TN ^$ 499,000

206-216 E Madison Avenue

^$ 499,000

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Recently Listed

206-216 E Madison Avenue

Athens, TN, 37303

^$ 499,000

Bedrooms-- Baths-- Sq 7,308

Monthly Estimate*

^$ 3,072

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Commercial Property for sale in Athens, TN

for $499,000. This 7,308 square foot building was built in 1986 on a lot size of 0.2.

Excellent location in the heart of Athens, TN. All brick multi-unit building. Income opportunities like this one do not come around often! Each unit is currently rented month to month with long term renters. Whether you are looking to purchase a property that is already income producing or want to start your own venture this building and location are a perfect place to start.

Commercial Active

Price

^$ 499,000

Property Type

Commercial

Taxes

^$ 1,462

Style

Lot Size

0.2

Year Built

1986

Town/City

Athens

County/Region

McMinn

MLS | Web ID

20260784

Features

General

Living Area 7308

Sewer Public Sewer

Heating Central Electric

Cooling Central Air

Utilities Water Connected Sewer Connected Natural Gas Connected Electricity Connected

Possession Close Of Escrow

Roof Flat

Appliances Electric Water Heater

Zoning Commercial

Construction Materials Brick

Year Built 1986

Property Subtype Mixed Use

Business Type Real Estate Professional/Office Gift Shop Clothing Barber/Beauty

County McMinn

New Construction false

Property Type Commercial Sale

Building Features Office Building City Central Display Window(s) High Speed Internet

Status Active

Directions from Decatur pike turn right onto White Street then turn left onto Madison Ave. Property is on the left just before the Green Street light.

High School McMinn County

City Athens

Lot Size Units Acres

Lot Size Square Feet 8712

Listing Terms Cash Conventional

Elementary School Athens City Primary School

Tax Annual Amount 1462.55

Middle/Junior High School Athens Jr High

Property Condition Functional

Structure Type Shopping Center

Standard Status Active

Interior

Interior Amenities Storage High Speed Internet

Flooring Concrete Tile

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Exterior Amenities See Remarks

Parking Features Parking Lot Asphalt

Lot Features Level

Water Source Public

Lot Size Area 0.2

Foundation Details Brick/Mortar

Lot Size Acres 0.2

Road Surface Type Asphalt

Road Frontage Type City Street

Road Responsibility Public Maintained Road

* Excluded Features

List By

Theba Hamilton

Listing Agent

Crye-Leike Realtors - Athens

Broker

thebahamilton@yahoo.com

Affordability Calculator

$3,194

Per Month

Monthly Principal & Interest: $3,072
Monthly Property Taxes: $122
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Commerical listings in Athens, TN

Average List Price ^$555,765

Percent of Sale Price 11%

About Athens, TN

14,362 Population

7% Since 2002

^$32,094 Median Income

39.24 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4646760 Elementary School

0 Middle School

McMinn County High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/17/2026	$499,000		Listed Price

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206-216 E Madison Avenue, Athens, TN, 37303 is a Commercial Property for sale at $499,000 with 7,308 sqft and a lot size of 0.2. 206-216 E Madison Avenue was built in 1986. The property's zip code is 37303 which is in Athens, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the River Counties Association of Realtors

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the River Counties Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 2/25/2026.

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206-216 E Madison Avenue

Commercial Property for sale in Athens, TN

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