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110 E Washington Ave 3,208 SF Retail Building Athens, TN 37303 $419,000 ($130.61/SF) 6% Cap Rate
Executive Summary
Own a Piece of History in Downtown Athens!
This charming, solid-brick, two-story building sits in the heart of downtown. Features a separate outdoor entrance to the second floor. Earn good investment income! This property is fully leased until 11/30/2028.
This charming, solid-brick, two-story building sits in the heart of downtown. Features a separate outdoor entrance to the second floor. Earn good investment income! This property is fully leased until 11/30/2028.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,208 SF
Building Class
C
Year Built
1922
Price
$419,000
Price Per SF
$130.61
Cap Rate
6%
NOI
$25,140
Tenancy
Single
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.91
Lot Size
0.08 AC
Zoning
Commercial
Frontage
60’ on Washington Ave
Walk Score®
Very Walkable (72)
Nearby Major Retailers
Property Taxes
| Parcel Number | 056M-D-035.00 | Total Assessment | $44,600 (2025) |
| Land Assessment | $4,040 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $40,560 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
056M-D-035.00
Land Assessment
$4,040 (2025)
Improvements Assessment
$40,560 (2025)
Total Assessment
$44,600 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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110 E Washington Ave
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