Athens, TN Retail Property For Sale

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Retail for Sale

Athens, TN 37303

Great Location! In growth area of 60plus homes being built just up the street. Cherokee Plaza has 3 leased retail spaces. Plaza has approx 5,600 total sq ft which includes 1,600 sq ft unfinished basement. The plaza has 3 storefront units and a total of seven bathrooms.

Unit 1 (currently Gold N Gifts Jewelers operated by the seller) is approx 1,600 sq ft finished main level with kitchenette, 2 baths and bank-style vault. 1,600 unfinished basement with bathroom and kitchenette for storage and office space. Basement has private access with 4' metal door for deliveries. Owner would like to lease back at $2000 a month for at least a year.

Unit 2 (currently leased as a beauty salon) is approx. 1,000 finished sq ft main level with two bathrooms. Extra plumbing has been added. Has two offices. Currently leased at $ 700 a month.

Unit 3 currently leased approx.1400 sqft leased to Nutritional Shop at $ 1000 a month rent

Long term current renters. Use part of the space while renting the other units out.

Includes sign privileges at high traffic Decatur Pike intersection, which could be rented out or used for buyers own purposes, includes 4-sided sign on the property, includes hard wired security system with motion detectors, paved lot is approximately 60x149 with 12 spaces in front of the plaza and additional parking for +/- 12 spaces.

Retail for Sale

Athens, TN 37303

Property sits at the split of Decatur Pike making it accessible to both sides of traffic. Adjacent to Taco Bell, Krystal, Hotels, Athens Regional Sports Park and across from Applebee's and Wendy's. Very large billboard is part of the property providing additional visibility and signage.

Retail for Sale

Athens, TN 37303

This historic location was at one time the old Riddle & Wallace Drug Store. Completely remolded with new roof, ceiling, flooring, and HVAC. Mostly open and ready to be customized. Perfect location for a salon, flower shop, or law office. Located across from the courthouse. Well below appraisal value.

Retail for Sale

Athens, TN 37303

This investment property features a large commercial strip center located on heavily trafficked Hwy 30 in Athens, TN. There is 249 feet of road frontage. The building has ten 960 SF suites which are all currently leased. Building size is 9,600 SQ FT. All current rents are significantly under priced and have upside potential. The center is in good shape.

Also, located on the property is a billboard which brings in an income of $200 monthly.

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