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)

98,529 SF Mixed-Use Commercial Opportunity
1612 and 1610 Congress Parkway South | Athens, TN
Property will be conveyed subject to a recorded deed restriction prohibiting future use as a bank, credit union, or other financial lending institution. Seller Access / Possession: Seller is constructing a replacement location and anticipates relocating operations around July 20. Seller will require continued access to the premises through August 15 following closing to remove remaining equipment, records, and operational materials.
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/ Flex space, 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.
***Retained ATM Pad (Required Structure)
Seller shall retain fee ownership of a pad site located along the Congress Parkway frontage with unobstructed visibility from the roadway.
The retained pad shall:
Be positioned to ensure direct visibility from Congress Parkway.
Accommodate a drive-up ATM facility.
Include sufficient area for safe ingress/egress and minimum 3–4 vehicle stacking.
Include permanent utility service rights.
Not be subject to the deed restriction prohibiting financial institution use.