220 E Madison Ave

About this property

ONLINE ONLY REAL ESTATE AUCTION | 1 of 5 Premier Commercial Properties in Downtown Athens, TN - B-2 Central Business District - SELLING TO THE HIGHEST BIDDER | BIDDING BEGINS TO CLOSE: Tuesday, September 1st at 12:00PM - Noon (ET) | OPEN HOUSE: Friday, August 28th at 12:00PM - Noon (ET) | This strategically situated 0.11+/- acre lot located directly behind 221 E Washington Avenue serves as a valuable and complementary addition to the overall Downtown Athens commercial portfolio. Whether utilized as dedicated parking, future expansion space, or as part of a larger redevelopment vision, this lot adds a meaningful layer of flexibility and potential to the contiguous city block offering. Located directly behind 221 E Washington Avenue. Zoned B-2 -- Central Business District. Ideal for parking or future development. In a downtown commercial setting where land is at a premium, an additional lot of this nature provides invaluable options for parking, expansion, or future development. As part of the larger five-property portfolio in Downtown Athens, this lot rounds out an already exceptional commercial offering and adds tremendous long-term value and versatility for any buyer or developer with a vision for the future of this remarkable downtown corridor. This exceptional commercial portfolio presents a rare and significant opportunity to acquire five strategically located properties in the heart of Downtown Athens, Tennessee. Four of the five properties form a contiguous city block, offering a unified and highly versatile footprint in the Central Business District, while the fifth property sits prominently across Madison Avenue at the corner of Green Street and Madison Avenue. All five properties are zoned B-2 - Central Business District with all utilities available including water, sewer and gas, unlocking a wide range of commercial, retail, office, hospitality, and mixed-use possibilities. Downtown Athens is a thriving and growing community, and opportunities to acquire a contiguous city block - combined with an additional prominent corner property - in the Central Business District are extraordinarily rare. Whether you're a developer envisioning a transformative mixed-use project, an investor seeking a significant commercial foothold in McMinn County's seat, or an entrepreneur looking to establish or expand a business presence in the heart of a vibrant downtown corridor, this portfolio delivers the scale, zoning, and location to make virtually any vision a reality. Buyer to verify all information. Kenny Phillips, Auctioneer | TN Lic #2385 - Phillip Hopper, Auctioneer | TN Lic #6709

Subdivision: Athens

MLS #1350525 · East Tennessee REALTORS® MLS

Property facts

Status

Active

Property type

Lots & Acreage

Bedrooms

—

Bathrooms

0

Living area

—

Lot size

0.11 acres

Year built

—

County

McMinn County - 40

Price / sq ft

—

Days on market

72

MLS number

1350525

Listing office

Powell Auction & Realty,LLC