1612 Congress Parkway S

Description

98,529 SF Commercial Opportunity 1612 and 1610 (3 phase power industrial warehouse) Congress Parkway South | Athens, TN Property will be conveyed subject to a recorded deed restriction prohibiting future use as a bank, credit union, or other financial lending institution, marijuana- related, vape/tobacco, liquor stores, bars (unless <40% of restaurant sales, adult business & nuisance-type operations. Seller Access / Possession: Seller is constructing a replacement location and anticipates relocating operations around July 20. Seller will require continued access to the premises through August 15 following closing to remove remaining equipment, records, and operational materials. 1050 feet of frontage and traffic counts exceeding 15,000 vehicles per day The property sits on 4.70 acres (204,732 SF) across two parcels and is zoned B-3 Intensive Business District, allowing for a wide range of commercial uses. Total Building Area: 98,529 SF • ±31,553 SF Office/Retail (approx. 32%) • ±66,976 SF Warehouse (approx. 68%) • Additional ±14,000 SF upper-level storage (not included in GBA) Property Features: • Two-building configuration • 18 dock-high doors (9 per building) • 2 grade-level doors • Clear heights ranging from 14'-28' • 89 surface parking spaces • Concrete construction • Built in 1970 • Land-to-building ratio of 2.1:1 The office/retail portion is currently configured as a bank branch with supporting offices, conference rooms, and storage areas, making it well suited for medical, educational, or professional users. The warehouse component offers substantial dock access and functional industrial space ideal for distribution, storage/ Flex space, or adaptive reuse (3 phase power). Flexibility for an owner-user, investor, or redevelopment opportunity. Retained ATM Pad (Required Structure) Seller shall retain fee ownership of a pad site located along the Congress Parkway frontage with unobstructed visibility from the roadway.