Prime Downtown Investment Opportunity - 211 E Washington Ave, Athens, TN
Unlock the full potential of this historic downtown Athens commercial building, perfectly positioned on East Washington Avenue in the heart of the business district. This two-story brick structure offers a unique blend of steady income and untapped upside—ideal for the savvy investor.
The ground level features a long-term, established tenant: Edward Jones, providing immediate, stable cash flow. Adjacent to this is a vacant commercial suite ready to lease, offering an excellent opportunity for added rental income or potential owner-user space.
Upstairs, you'll find over 4,000 square feet of versatile space with endless possibilities—envision loft-style apartments, luxury office suites, storage units, or a creative co-working concept. With its charming façade, walkable location, and mixed-use potential, this property stands out as a value-add investment in a growing market.
Highlights:
• Prime downtown location with street visibility
• Long-term tenant (Edward Jones) in place
• Additional main-level suite available for lease
• Over 4,000 SF of undeveloped upstairs space
• Zoned for multiple uses - residential, commercial, or mixed-use
• Strong upside potential for income and appreciation
Whether you're looking to expand your commercial portfolio, create downtown housing, or launch a mixed-use development, 211 E Washington Ave offers the flexibility, location, and foundation to make it happen.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $699,000 | $86 | Silver Key Realty - Sweetwater |
Year | Annual Amount | Description |
---|---|---|
$3,473 |
Elementary School Ingleside Elementary School | 0.5 miles away | KG - 03 | |
Elementary School City Park Elementary School | 0.8 miles away | KG - 03 | |
Junior High School Athens Junior High School | 1 miles away | 07 - 09 |