$200,000
$234,000
14.5%For more information regarding the value of a property, please contact us for a free consultation.
2,640 SqFt
SOLD DATE : 05/31/2024
Key Details
Sold Price $200,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 0.15
Square Footage 2,640 sqft
Price per Sqft $75
MLS Listing ID 20237851
Sold Date 05/31/24
Construction Status Updated/Remodeled
Originating Board River Counties Association of REALTORS®
Year Built 1968
Annual Tax Amount $11,963
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 52X143
Property Description
Building is a one story with a brick front, indicating it's a single-story commercial structure with a brick facade. Public electric, water, and sewer services are available. The building has both electric and gas heating systems, which provides flexibility for temperature control.
The building is currently fully occupied, which suggests a consistent income stream for the property owner.
The building is located in downtown, which usually means it's in a central and is a high-traffic area. Property has excellent visibility and accessibility. Easy access to Highway 30, Highway 39, and White Street is a positive factor for businesses in terms of customer reach and transportation logistics.
The building is within walking distance of the courthouse, post office, and Food City, making it convenient for customers and employees.
This type of property could be an attractive investment opportunity well-maintained and located in a prime area with high visibility. The fact that it's fully occupied with dependable paying tenants.
Rent is currently scheduled to raise $100 per month May 2024
Showing requirement: Call, text or email Teresa Mustar for showing.
Owner requests that all showings are to be scheduled through Teresa Mustar. Do not drop by during business hours and disturb tenants.
Location
State TN
County Mcminn
Zoning Commercial
Direction McMinn County Court House, 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 107 Park St on the left
Interior
Interior Features Other
Heating Electric
Cooling Electric, Multi Units
Flooring Carpet
Appliance None
Exterior
Exterior Feature None
Parking Features Parking Lot, Asphalt
Fence None
Utilities Available Water Connected, Water Available, Sewer Connected, Sewer Available, Phone Connected, Phone Available, Natural Gas Available, Electricity Connected, Electricity Available
Roof Type Flat
Total Parking Spaces 12
Building
Foundation Slab
Lot Size Range 0.15
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 034.00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Bridge Property Management Group, LLC