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109 Park ST Athens, TN 37303
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Key Details
Sold Price $198,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 0.21
Square Footage 1,320 sqft
Price per Sqft $150
MLS Listing ID 20237853
Sold Date 05/03/24
Construction Status Updated/Remodeled
Originating Board River Counties Association of REALTORS®
Year Built 1970
Annual Tax Amount $941
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 70X148
Property Description
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
Location
State TN
County Mcminn
Zoning Commercial
Direction 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 / Green St East Tennessee Auto Outlet on the corner 0.3 mi 3.Turn right onto Park St 0.1 mi 4.Arrive at 109 Park St on the left
Interior
Interior Features Other
Heating Electric
Cooling Electric, Other
Flooring Carpet, Concrete
Appliance Other
Laundry Other
Exterior
Exterior Feature None
Garage Asphalt
Fence None
Utilities Available Water Connected, Water Available, Sewer Connected, Sewer Available, Phone Connected, Phone Available, Natural Gas Available, Electricity Connected, Electricity Available
Waterfront No
Roof Type Flat
Total Parking Spaces 12
Building
Foundation Block, Slab
Lot Size Range 0.21
Sewer Public Sewer
Water Public
New Construction No
Construction Status Updated/Remodeled
Schools
Elementary Schools Athens City Primary School
Middle Schools Athens Jr High
High Schools Mcminn County
Others
Tax ID 065d B 036.00
Security Features Other
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Bridge Property Management Group, LLC