224 E Madison Ave, Athens, TN 37303

New
Property Type: Commercial Square Footage: 1,147 Lot Size (sq. ft.): 5,663 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 one-of-a-kind 1950s service station is a true showpiece property in the heart of Downtown Athens, painstakingly restored to its original period appearance and offering an unmatched combination of historic charm and modern functionality. The iconic large canopy over period-style fuel pumps serves as a stunning decorative centerpiece, immediately drawing attention and creating an unforgettable first impression that stands out in any downtown commercial portfolio. Authentic 1950s service station restored to original appearance with large canopy over period-style fuel pumps for decor and visual impact, two exterior restrooms with original period tile, two-bay shop building with front office and ...

Listing Details MLS# 1350486

Location Tax Legal Info

House #
224
St Dir
E
Street Name
Madison
St Suffix
Ave
State/Province
TN
Zip Code
37303
PIN #
056M D 063.00

Contract Info

Auction Y/N
Yes

General Property Description

SqFt - Total (Aprox)
1147
Lot Dimensions
75 x 83.4
Acres
0.13
# of Buildings
Yes
Stories
Yes
Zoning
B-2
# Parking Spaces
6
Condition
Good
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)
Open for Inspection Date
2026-08-28

Location, Tax & Legal Info

Area
McMinn County - 40
City/County Code
City Limits
Total Tax
548.44

More Information

Location

Central Busns Area
Yes
Corner
Yes
Detached Building
Yes
Inside City
Yes

Remarks & Misc

Directions
From Congress Parkway and Decatur Pike, head east on Decatur Pike to Athens. Decatur Pike will become Green Street. Continue to the building on the right at the corner of Green Street and E Madison Avenue.
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 one-of-a-kind 1950s service station is a true showpiece property in the heart of Downtown Athens, painstakingly restored to its original period appearance and offering an unmatched combination of historic charm and modern functionality. The iconic large canopy over period-style fuel pumps serves as a stunning decorative centerpiece, immediately drawing attention and creating an unforgettable first impression that stands out in any downtown commercial portfolio. Authentic 1950s service station restored to original appearance with large canopy over period-style fuel pumps for decor and visual impact, two exterior restrooms with original period tile, two-bay shop building with front office and reception area, and two glass rollup doors. Interior features a front office and reception area with polished concrete floor, two-bay shop area with shop sink and large mechanical room. Recent updates completed between 2024-2025 including a new rubber roof, new HVAC system, new glass storefront, new glass rollup doors, interior and exterior paint, polished concrete floor in the office area, and some updated wiring. Whether envisioned as a boutique retail destination, a unique food and beverage concept, an automotive themed business, an event space, or a one-of-a-kind office environment, this lovingly restored 1950s service station offers a character and presence that simply cannot be replicated. 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

Commercial Type

Commercial
Yes

Construction

Concrete Block
Yes

Sale/Lease Includes

Building
Yes
Fee Simple
Yes
Land
Yes

Siding

Metal
Yes

Road Access

Public Road
Yes

Miscellaneous

Internet Available
Yes
Rest Rooms
Yes

Cooling

Central Cooling
Yes

Utilities on Site

Electric
Yes
Natural Gas
Yes
Public Water
Yes
Sewer
Yes
Telephone
Yes

Fuel

Electric
Yes

Additional Info

Other
Yes

Easements

None
Yes

Heat

Heat Pump
Yes

Expenses Included

Other
Yes

New Financing

Cash
Yes
Conventional
Yes

Showing

See Agent Instructns
Yes

Property Features

Commercial Type: Commercial Road Access: Public Road Utilities on Site: Electric; Natural Gas; Public Water; Sewer; Telephone Additional Info: Other Fuel: Electric Heat: Heat Pump Cooling: Central Cooling Location: Central Busns Area; Corner; Detached Building; Inside City Construction: Concrete Block Siding: Metal Easements: None Expenses Included: Other Miscellaneous: Internet Available; Rest Rooms New Financing: Cash; Conventional Showing: 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.