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1 Jackson Street North , #92

Athens, TN 37303
  • $1,350,000
  • STATUS: Active
  • ON SITE: 255 Days
  • MLS #: 20222771
$1,350,000
  • 0
    BEDS
  • 0.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 32,000
    SQFT
  • $42
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1924
County:
Area:

School Ratings & Info

Description

Looking for a GREAT investment opportunity!? This beautiful historic building that must be seen to be appreciated! As you walk through the doors you will enter a spacious casual dining area with a fantastic bar where guests can enjoy a beverage with their dinner prepared in the fully equipped kitchen. To the right, you will see a beautiful fine dining space that can also be used for special occasion community events. On the same floor you will find 2 - two thousand square foot commercial spaces that are street front with separate entrances and another space that can easily be converted to a deli. Embrace the spirit of DIY on the second and third floor where you will find fifty-four bedrooms and forty five bathrooms that can be utilized as a hotel, VRBO or rentals for a lifetime of income for someone willing to put in the work. The basement area is HUGE and dry and has room for all your storage needs and DIY projects. There is a newer thermoplastic polyolefin roof and several mini splits with hyper- heat and air. 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 and a university within walking distance.

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© 2023 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 Mark Hite Team | Real Estate Partners Chattanooga LLC. Data last updated: 2023-02-03T23:47:33.423.
www.markhitehomes.com/homes/129109850
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1 Jackson Street North , #92 Athens, TN 37303

  • Price: $1,350,000
  • Status: Active
  • On Site: 255 Days
  • MLS #: 20222771
0
Beds
0
Baths
0
½ Baths
0.35
Acres
32,000
SQFT
$42
$/SQFT
1924
Built
Neighborhood:
No Name
County:
Mcminn
Area:
Athens City
Property Description
Looking for a GREAT investment opportunity!? This beautiful historic building that must be seen to be appreciated! As you walk through the doors you will enter a spacious casual dining area with a fantastic bar where guests can enjoy a beverage with their dinner prepared in the fully equipped kitchen. To the right, you will see a beautiful fine dining space that can also be used for special occasion community events. On the same floor you will find 2 - two thousand square foot commercial spaces that are street front with separate entrances and another space that can easily be converted to a deli. Embrace the spirit of DIY on the second and third floor where you will find fifty-four bedrooms and forty five bathrooms that can be utilized as a hotel, VRBO or rentals for a lifetime of income for someone willing to put in the work. The basement area is HUGE and dry and has room for all your storage needs and DIY projects. There is a newer thermoplastic polyolefin roof and several mini splits with hyper- heat and air. 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 and a university within walking distance.
Exterior Features

Est Lot Size Acres Range Less Than One Acre Lot Features Corner LotCity Central Lot Size Dimensions 15246 Open Parking YN Yes Parking Features On Street Road Frontage Type City Street Roof Other

Interior Features

Appliances Electric Water Heater Below Grade Finished Area Source Public Records Cooling Other Cooling YN Yes Flooring HardwoodCeramic Tile Heating Other Heating YN Yes

Property Features

Building Area Total 32000 Building Features FixturesRestrooms Business Type Other Lodging And HospitalityRestaurantRetail (See Remarks)Other Retail Est Age Range 51+ Years For Sale Rent Sale Listing Terms ConventionalCash1031 Exchange New Construction YN No Other Equipment Telephone System Property Condition Updated/RemodeledVery Good Property Sub Type Retail/Commercial Road Responsibility Public Maintained Road Security Features Security SystemFire Sprinkler System Sewer Public Sewer Tax Annual Amount 8183.33 Water Source Public Zoning Retail & Hotel

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


© 2023 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 Mark Hite Team | Real Estate Partners Chattanooga LLC. Data last updated: 2023-02-03T23:47:33.423.
 
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The Mark Hite Team | Real Estate Partners Chattanooga LLC
525 W Main St.
Chattanooga TN, 37402
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