220 E Madison Ave, Athens, TN 37303

New
Property Type: Lots & Acreage Lot Size (sq. ft.): 4,792 Status: Active
List Date: 8/03/2026 Last Modified: 8/03/2026

Overview

Description

ONLINE ONLY REAL ESTATE AUCTION | 1 of 5 Premier Commercial Properties in Downtown Athens, TN - B-2 Central Business District - SELLING TO THE HIGHEST BIDDER | BIDDING BEGINS TO CLOSE: Tuesday, September 1st at 12:00PM - Noon (ET) | OPEN HOUSE: Friday, August 28th at 12:00PM - Noon (ET) | This strategically situated 0.11+/- acre lot located directly behind 221 E Washington Avenue serves as a valuable and complementary addition to the overall Downtown Athens commercial portfolio. Whether utilized as dedicated parking, future expansion space, or as part of a larger redevelopment vision, this lot adds a meaningful layer of flexibility and potential to the contiguous city block offering. Located directly behind 221 E Washington Avenue. Zoned B-2 -- Central Business District. Ideal for parking or future development. In a downtown commercial setting where land is at a premium, an additional lot of this nature provides invaluable options for parking, expansion, or future development. As pa ...

Listing Details MLS# 1350525

Location Tax Legal Info

House #
220
St Dir
E
Street Name
Madison
St Suffix
Ave
State/Province
TN
Zip Code
37303
PIN #
056M D 062.00
Subdivision
Athens

Contract Info

Auction Y/N
Yes

General Property Description

Lot Dimensions
41.8 x 83.4
Acres
0.11
Acre Source
Tax Records
Restrictions
Yes
Property Status
N/A

Status Change Info

Status Change Date
2026-08-03

Auction

Bidder Must Qualify
Yes
Buyers Premium
Yes
Buyers Premium %
10
Remote Bidding
Yes
Real Estate Only
Yes
RE & Personal Prop
No
Auction Date
2026-09-01
Auction Location
Online Bidding Only
Auction Time
12:00PM - Noon (ET)

Location, Tax & Legal Info

Area
McMinn County - 40
City/County Code
City Limits
Total Tax
154.67

More Information

Remarks & Misc

Directions
From Congress Parkway and Decatur Pike, head east on Decatur Pike to Athens. Turn right on N White Street to left on E Madison Avenue to the property on the left.
Public Remarks
ONLINE ONLY REAL ESTATE AUCTION | 1 of 5 Premier Commercial Properties in Downtown Athens, TN - B-2 Central Business District - SELLING TO THE HIGHEST BIDDER | BIDDING BEGINS TO CLOSE: Tuesday, September 1st at 12:00PM - Noon (ET) | OPEN HOUSE: Friday, August 28th at 12:00PM - Noon (ET) | This strategically situated 0.11+/- acre lot located directly behind 221 E Washington Avenue serves as a valuable and complementary addition to the overall Downtown Athens commercial portfolio. Whether utilized as dedicated parking, future expansion space, or as part of a larger redevelopment vision, this lot adds a meaningful layer of flexibility and potential to the contiguous city block offering. Located directly behind 221 E Washington Avenue. Zoned B-2 -- Central Business District. Ideal for parking or future development. In a downtown commercial setting where land is at a premium, an additional lot of this nature provides invaluable options for parking, expansion, or future development. As part of the larger five-property portfolio in Downtown Athens, this lot rounds out an already exceptional commercial offering and adds tremendous long-term value and versatility for any buyer or developer with a vision for the future of this remarkable downtown corridor. This exceptional commercial portfolio presents a rare and significant opportunity to acquire five strategically located properties in the heart of Downtown Athens, Tennessee. Four of the five properties form a contiguous city block, offering a unified and highly versatile footprint in the Central Business District, while the fifth property sits prominently across Madison Avenue at the corner of Green Street and Madison Avenue. All five properties are zoned B-2 - Central Business District with all utilities available including water, sewer and gas, unlocking a wide range of commercial, retail, office, hospitality, and mixed-use possibilities. Downtown Athens is a thriving and growing community, and opportunities to acquire a contiguous city block - combined with an additional prominent corner property - in the Central Business District are extraordinarily rare. Whether you're a developer envisioning a transformative mixed-use project, an investor seeking a significant commercial foothold in McMinn County's seat, or an entrepreneur looking to establish or expand a business presence in the heart of a vibrant downtown corridor, this portfolio delivers the scale, zoning, and location to make virtually any vision a reality. Buyer to verify all information. Kenny Phillips, Auctioneer | TN Lic #2385 - Phillip Hopper, Auctioneer | TN Lic #6709

Property Sub-Type

Commercial
Yes

Topography

Cleared
Yes
Level
Yes

Road Access

Public Road
Yes

Road Frontage

City
Yes
Paved
Yes

Sale Options

Fee Simple
Yes
Will Not Divide
Yes

Improvements

None
Yes

Lot Description

Corner Lot
Yes
Level
Yes

Easements

None
Yes

View

City
Yes

Documents on File

None
Yes

Developmnt Potential

Commercial
Yes

Utilities Available

Electricity
Yes
Gas
Yes
Sewer
Yes
Telephone
Yes
Water
Yes

Zoning

Zoned Commercial
Yes

Present Structures

None
Yes

New Financing

Cash
Yes
Conventional
Yes

Showing Instructions

See Agent Instructns
Yes

Property Features

Property Sub-Type: Commercial Topography: Cleared; Level Road Frontage: Paved Road Access: Public Road Sale Options: Fee Simple; Will Not Divide Improvements: None Easements: None Lot Description: Corner Lot; Level Documents on File: None Developmnt Potential: Commercial Utilities Available: Electricity; Gas; Sewer; Telephone; Water Zoning: Zoned Commercial Present Structures: None New Financing: Cash; Conventional Showing Instructions: See Agent Instructns
IDX
Listing Office: Powell Auction & Realty,LLC
Last Updated: August - 03 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.