110 Jackson StAthens, TN 37303

  • Office properties
  • 2,324 SF
For Sale
$189,900 View listing

Property Details for 110 Jackson St

Year built
1930
Construction
WOOD
Lot size
0.06 AC
Property size (Sq ft)
2,324 SF
Property type
Office properties
APN
054056M D 02200
APU
054056MD02200

Description

This exceptional 2,324 square foot office building is situated in the heart of historic downtown Athens, Tennessee, on Jackson Street, adjacent to the newly developed Pocket Park. Originally home to WLAR, this building boasts significant historical charm and immense potential. The property sits on a 0.06-acre lot and features original brickwork and unique architectural details. The interior layout includes a spacious corridor leading to nine private offices, perfect for a variety of professional uses. A small kitchenette provides a convenient break area, complemented by a storage closet and bathroom. The building benefits from a recently installed roof and an updated central heating and air conditioning system, ensuring comfort and efficiency. Additional storage space is accessible via a pull-down ladder to the upstairs area. This property presents a unique opportunity to be part of the revitalization of downtown Athens, a community experiencing significant growth and renewed energy. Its prime location, coupled with its historical significance and functional layout, makes it an ideal investment for those seeking a distinctive and well-located office space. The building's character and potential are sure to inspire creativity and innovation.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $491,536
    6.5%
    $453,726
    7%
    $421,317
  • Comparable approach

    Method
    Valuation
    Relative Method
    $378,556
    Geo Method
    $453,319
  • Alternative Use

    Use
    Valuation
    Residential
    $562,620
    Hospitality
    $515,357
    Educational
    $428,771
    Medical
    $443,517
    Retail
    $666,977

Location Insight

City
Athens
County
Mcminn
State
Tennessee
Latitude
35.4434
Longitude
-84.5934
CBSA code
11940
CBSA name
ATHENS, TN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$892
$4,040
$38,640
$42,680
-
$10,100
$96,600
$106,700

FAQs

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