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1 N Jackson Street

Athens, TN 37303
  • $1,350,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 20241479
UPDATED: 125 min ago
$1,350,000
  • 0
    BEDS
  • 0.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 43,420
    SQFT
  • $31
    $/SQFT
Type:
Commercial
Built:
1924
County:

School Information

Elementary School:
Middle School:
High School:

Description

Looking to start a new business, or have you always wanted to open your own restaurant and bar? This beautiful historic building has it all! The beautifully lit handmade bar invites customers in as they walk through the door. The Owner has all relevant licenses. The two spacious retail spaces each have mini splits with hyper heat and their own entrance that can be utilized as extra space for your business or leased as retail space for long-term additional income. The space once used as a deli can easily be equipped again or leased for added income. The 80x160 basement will be the perfect place for the handyperson or for additional storage. The 54 rooms and 48 bathrooms on the 2nd and 3rd floors can be used as a hotel, VRBO or as rentals that can offer a lifetime of income for someone willing to put in the work to get the plumbing up and running. There is a newer thermoplastic polyolefin roof that will last for years to come. The double road frontage access from this 15,246-corner lot provides excellent exposure in this high traffic area surrounded by a vibrant and thriving area of established local businesses. The pictures do not do justice to this beautiful building that has so much historical significance and must be seen to be appreciated!

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© 2024 River Counties Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Jooma Team | Keller Williams Greater Downtown Realty. Data last updated: 2024-05-25T11:48:14.853.
www.kellyjoomateam.com/homes/149240175
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1 N Jackson Street Athens, TN 37303

  • Price: $1,350,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 125 min ago
  • MLS #: 20241479
0
Beds
0
Baths
0
½ Baths
0.35
Acres
43,420
SQFT
$31
$/SQFT
1924
Built
County:
Mcminn
Elementary School:
Ingleside
Middle School:
Athens Jr High
High School:
Mcminn Central
Property Description
Looking to start a new business, or have you always wanted to open your own restaurant and bar? This beautiful historic building has it all! The beautifully lit handmade bar invites customers in as they walk through the door. The Owner has all relevant licenses. The two spacious retail spaces each have mini splits with hyper heat and their own entrance that can be utilized as extra space for your business or leased as retail space for long-term additional income. The space once used as a deli can easily be equipped again or leased for added income. The 80x160 basement will be the perfect place for the handyperson or for additional storage. The 54 rooms and 48 bathrooms on the 2nd and 3rd floors can be used as a hotel, VRBO or as rentals that can offer a lifetime of income for someone willing to put in the work to get the plumbing up and running. There is a newer thermoplastic polyolefin roof that will last for years to come. The double road frontage access from this 15,246-corner lot provides excellent exposure in this high traffic area surrounded by a vibrant and thriving area of established local businesses. The pictures do not do justice to this beautiful building that has so much historical significance and must be seen to be appreciated!
Exterior Features

Construction Materials Other Exterior Features None Foundation Details Concrete PerimeterPillar/Post/Pier Lot Features MailboxLevelLandscapedCorner Lot Road Frontage Type City Street Roof FlatSee Remarks Waterfront YN No

Interior Features

Appliances DishwasherExhaust FanGas Cooktop Flooring HardwoodMarbleTile Interior Features Wired for DataHigh Speed InternetBar

Property Features

Accessible YN No Building Features Public RestroomsCity CentralElevator(s)Ground Level Door Business Type RestaurantRentalHotel/Motel Electric 3 PhaseCircuit Breakers Lease Term None Listing Terms CashConventionalOwner May Carry Near Highway YN Yes Near Interstate Access YN Yes New Construction YN No Property Condition FixerFunctional Property Sub Type Hotel-Motel Road Responsibility Public Maintained Road Security Features Smoke Detector(s)Security System Leased Sewer Public Sewer Special Listing Conditions Standard Structure Type RetailMixed UseHotel/Motel Subdivision YN No Tax Annual Amount 7948.23 Utilities Underground UtilitiesWater ConnectedSewer ConnectedPhone ConnectedNatural Gas ConnectedElectricity Connected Water Source Public Within City Limits YN Yes

Listing provided courtesy of Wanda Morrow of East Tennessee Properties - Ten Mile: 423-334-0070.


© 2024 River Counties Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Jooma Team | Keller Williams Greater Downtown Realty. Data last updated: 2024-05-25T11:48:14.853.
 
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