Historic Downtown Building

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30211329
Property Subtypes: Mixed Use
Status: Pending/Contingent
Building Size (RSF): 3,780 SF
Gross Building Area: See Agent
Gross Land Area: 0.04 Acres
Sale Price: $234,000
Unit Price: $61.90 PSF
Ceiling: 15 ft.
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/31/2019

Overview / Comments

Refurbished building. Historic building downtown Athens. Updated plumbing and electrical, flooring, countertops. Upstairs has been renovated to include a a living room, kitchen w/granite countertops, 2 bedrooms, 1 bath, and laundry room. Apartment leases for $700/month. New mini-split HVAC system in apartment and new roof. Plumbing and electrical has been updated throughout the building in the finished and unfinished square footage and includes three bathrooms. Partially finished 6 rooms with beautiful large architectural windows upstairs. Ready for your touch. Could be additional office space rentals or apartments. Apartment currently rented at $700/month. Commercial area vacant and available for lease. Agent owner

Additional Details

Nearest MSA: Athens
County: McMinn
Tax ID/APN: 054056M C 04500
Retail Clientele: General, Family, Business, Traveler, Tourist, Other
Property Visibility: Excellent
Largest Nearby Street: N White Street
Tenancy: Multiple Tenants
Number of Stories: 2
Property Condition: Good
Year Built: 1908
Year Renovated: 2016
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Internet Access: Cable
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Municipal
Legal Description: White Street N #2, Part of Lot 29, 21 1/2 feet on White Street, 90 1/2 feet on Madison Avenue

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,188 15,129 24,437
Median Age: 34 39.97 40.53
Households: 1,272 6,182 9,912


Photograph of Listing Agent

Brandi C Thomas

Crye-Leike, REALTORS Greater Chattanooga REALTORS® Member
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