1612 Congress Parkway S, Athens, TN 37303
McMinn County
Key Facts
Description
98,529 SF Commercial Opportunity 1612 and 1610 (3 phase power industrial warehouse) Congress Parkway South | Athens, TN Property will be conveyed subject to a recorded deed restriction prohibiting future use as a bank, credit union, or other financial lending institution, marijuana- related, vape/tobacco, liquor stores, bars (unless <40% of restaurant sales, adult business & nuisance-type operations. Seller Access / Possession: Seller is constructing a replacement location and anticipates relocating operations around July 20. Seller will require continued access to the premises through August 15 following closing to remove remaining equipment, records, and operational materials. 1050 feet of frontage and traffic counts exceeding 15,000 vehicles per day The property sits on 4.70 acres (204,732 SF) across two parcels and is zoned B-3 Intensive Business District, allowing for a wide range of commercial uses. Total Building Area: 98,529 SF • ±31,553 SF Office/Retail (approx. 32%) • ±66,976 SF Warehouse (approx. 68%) • Additional ±14,000 SF upper-level storage (not included in GBA) Property Features: • Two-building configuration • 18 dock-high doors (9 per building) • 2 grade-level doors • Clear heights ranging from 14'-28' • 89 surface parking spaces • Concrete construction • Built in 1970 • Land-to-building ratio of 2.1:1 The office/retail portion is currently configured as a bank branch with supporting offices, conference rooms, and storage areas, making it well suited for medical, educational, or professional users. The warehouse component offers substantial dock access and functional industrial space ideal for distribution, storage/ Flex space, or adaptive reuse (3 phase power). Flexibility for an owner-user, investor, or redevelopment opportunity. Retained ATM Pad (Required Structure) Seller shall retain fee ownership of a pad site located along the Congress Parkway frontage with unobstructed visibility from the roadway.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Structure Type
Warehouse / Retail / Office
Year Built
1970
Living Area
112,529 sq ft
Lot Size
4.70 acres
Lot Dimensions
2 lot dimensions
Zoning
Commercial
Days on Market
55
MLS® Listing#
20261237
Property Features
Interior
Cooling
Heating
Flooring
Parking
Lot Features
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Schools
- Elementary:
- Athens City Primary School
- Middle:
- Athens Jr High
- High:
- McMinn County
Financial Details
Annual Taxes
$38,145
Parcel Number
056i-A-004.00
Directions
from Hwy 30 Athens and Congress Pkwy: go south on Congress and property on your right
Affordability Calculator
$580,000
Estimated monthly payment
$15,435/mo
Principal $2,320,000 · Est. interest $3,236,606 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Athens, TN
- $327,322
- Median Listing Price
- 71
- Median Days on Market
- 1,848
- Median Sq Ft
- $182
- Median Price / Sq Ft
- 289
- Active Listings
- This home’s price is 786% above the area median.
- Its price per sq ft is 86% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Athens, TN.
Location
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Points of Interest in Athens, TN
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1612 Congress Parkway S, Athens, TN | $2,900,000 | — | — | 112,529 |
| 1025 Cedar Springs Road, Athens, TN | $3,200,000 | 4 | 5 | 6,800 |
| 305 County Road 180, Athens, TN | $3,675,000 | — | — | — |
| 305 County Road 180, Athens, TN | $3,675,000 | — | — | — |
| 305 County Road 180, Athens, TN | $3,675,000 | — | — | — |
| 305 County Road 180, Athens, TN | $3,675,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Athens
Listing Courtesy: Ellis Ledford Properties - 4237163761