220 E Madison Ave, Athens, TN 37303

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 ... (Read more) 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

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)

More Information

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.

220 E Madison Ave, Athens, TN 37303 (MLS# 1350525)