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Simmons Bank - and 3 level warehouse 1612 Congress Pky S 112,529 SF 100% Leased Retail Building Athens, TN 37303 $2,900,000 ($25.77/SF)

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Investment Highlights

  • Approx 1050' of road frontage
  • Traffic counts exceeding 15,000/day
  • 112,529sf of usable space including 2nd floor (mezzanine and basement)

Executive Summary

98,529 SF Mixed-Use Commercial Opportunity
1612 and 1610 Congress Parkway South | Athens, TN (Financial deed restriction)
Positioned along Congress Parkway South with approximately 1050 feet of frontage and traffic counts exceeding 15,000 vehicles per day, this ±98,529 SF mixed-use commercial property offers scale, flexibility, and visibility in one of Athens’ primary commercial corridors.
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, light manufacturing, or adaptive reuse.
The property is currently partially owner-occupied and designed in a multi-tenant configuration, providing flexibility for an owner-user, investor, or redevelopment opportunity.
Located in western Athens, the property benefits from proximity to State Route 30 (within ½ mile) and Interstate 75 (within 3 miles), as well as surrounding retail, office, and industrial development.
This is a rare opportunity to acquire a large-scale, highly visible commercial asset with flexible zoning and strong arterial exposure in a growing Southeast Tennessee market.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
112,529 SF
Building Class
C
Year Built/Renovated
1970/1994
Price
$2,900,000
Price Per SF
$25.77
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Loading Docks
9 Exterior
Building FAR
1.08
Lot Size
2.40 AC
Zoning
B-3 Intensive Business - Intensive Business District
Parking
89 Spaces (0.79 Spaces per 1,000 SF Leased)
Frontage
1,050’ on Congress Parkway south

Amenities

  • Atrium
  • Dedicated Turn Lane
  • Security System
  • Enclosed Mall
  • Drive Thru
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Finance and Insurance
  • -
  • -
  • -

Simmons Bank is a wholly owned subsidiary of Simmons First National Corporation (NASDAQ: SFNC), a Mid-South based financial holding company that has paid cash dividends for years. Founded in 1903, Simmons Bank offers comprehensive financial solutions delivered with a client-centric approach. In 2024, Simmons Bank was recognized by U.S. News & World Report as one of the 2024-2025 Best Companies to Work For in the South and by Forbes as one of America's Best-In-State Banks 2024 in Tennessee. In 2023, Simmons Bank was recognized by Forbes one of "America's Best Midsize Employer" and among the "World's Best Banks" for the fourth consecutive year.

Tenant Industry SF Occupied Rent/SF Lease End
Finance and Insurance - - -

Nearby Major Retailers

Zaxby's
Cook Out
Truist
7 Brew
United Grocery Outlet
Buddy's Bar-B-Q
Western Sizzlin
Rent-A-Center
Snap Fitness 24/7
Planet Fitness

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 056I-A-002.00
  • 056I-A-004.00
Land Assessment
$307,880
Improvements Assessment
$1,517,200
Total Assessment
$1,825,080
  • Listing ID: 39609131

  • Date on Market: 2/27/2026

  • Last Updated:

  • Address: 1612 Congress Pky S, Athens, TN 37303

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