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20-year Land Lease! Exciting opportunity in Athens, TN! 0.58 acre land available for development, located halfway between Chattanooga & Knoxville, TN. The property was formerly a sit-down restaurant, but it has been partially demolished, leaving the perfect space for a drive-through restaurant. This could be an ideal location for a coffee shop, smoothie shop, sandwich shop, or any other food establishment. The property is currently zoned for commercial / restaurant use and could potentially be approved for other businesses such as a cash advance store, title company, car rental, oil change, and more. What makes this property even more appealing is that the City of Athens is currently installing a signal light at this location. The property is situated at the crossroads of S White Street (also known as Decatur Pike and Hwy 30) and Elizabeth Street. There are three ingress and egress points on the property, providing convenient access for customers. Additionally, there is a small storage building with electricity on the property, which can be removed if necessary. Public water, sewer, electric, and natural gas are readily available. One interesting fact about this area is that the car count exceeds the intersection of Congress Parkway and Decatur Pike, which is commonly perceived as having higher traffic. The newest Taco Bell in Athens is located less than half a mile from this property, attracting exceptional traffic. The property is situated on the less developed East side of Athens, making it an excellent opportunity for businesses looking to tap into the substantial traffic coming from the surrounding towns such as Etowah, Delano, Englewood, Niota, Tellico Plains, Reliance, Madisonville, Sweetwater, and more. The owner is offering the property on a 20-year land lease, with a monthly rate of $1,265. This is a fantastic chance to secure a prime location for your business. If you are interested in learning more about this opportunity, please contact the listing age |
