283 E Clayton St
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283 E Clayton St
10,989 SF Retail Building Athens, GA 30601 £3,945,000 (£359/SF)
Executive Summary
Marketing Description:
The Tenas Building, located in the heart of the historic district of downtown Athens, Georgia.
This building offers a once-in-a-generation opportunity to invest in both historic charm and modern potential.
This historic 3-story building, spanning 10,989 square feet, is situated on a 0.08-acre corner lot at the signalized intersection of East Clayton and South Jackson Street. Located just two blocks from the iconic UGA arches, it sits right in the vibrant and bustling historic district of downtown Athens. The location alone offers unparalleled visibility and foot traffic, making it an ideal spot for a variety of business ventures.
Opportunity to transform the ground floor into a trendy café, a chic boutique, or even a modern office space. The open layout of the second and third floors is ideal for creating stylish high-end apartments or luxurious condominiums, providing endless possibilities for customization including restoration of the building’s exterior by opening up closed windows and exposing the original brick.
Investment Highlights:
Prime Location: Corner lot in downtown Athens, just a short walk from the University of Georgia.
Historic Charm: Nestled in the historic district, this building exudes character and charm.
Spacious Layout: The second and third floors provide the perfect opportunity for conversion into high-end apartments or luxury condominiums, offering untapped potential for customization.
Zoning: The property is zoned “Commercial Downtown,” allowing a multitude of commercial uses and a maximum of 16 beds.
Ground Floor: Previously operated as Tenas Jewelry and Gifts, and before that as Fosters Jewelry, the ground floor is perfect for retail or a boutique business.
High Ceilings: With 12-foot ceilings, the space feels open and airy, enhancing the overall ambiance.
Well-Maintained: The current owners have maintained the property to a high standard, with no deferred maintenance.
New Roof: A new TPO roof was installed in 2023, ensuring durability and peace of mind for years to come.
Never Used as a Restaurant or Bar: The building has never been used as a restaurant or bar, offering a fresh start for any new venture.
Don’t miss out on the chance to own a piece of Athens’ history while creating a vibrant future.
The Tenas Building, located in the heart of the historic district of downtown Athens, Georgia.
This building offers a once-in-a-generation opportunity to invest in both historic charm and modern potential.
This historic 3-story building, spanning 10,989 square feet, is situated on a 0.08-acre corner lot at the signalized intersection of East Clayton and South Jackson Street. Located just two blocks from the iconic UGA arches, it sits right in the vibrant and bustling historic district of downtown Athens. The location alone offers unparalleled visibility and foot traffic, making it an ideal spot for a variety of business ventures.
Opportunity to transform the ground floor into a trendy café, a chic boutique, or even a modern office space. The open layout of the second and third floors is ideal for creating stylish high-end apartments or luxurious condominiums, providing endless possibilities for customization including restoration of the building’s exterior by opening up closed windows and exposing the original brick.
Investment Highlights:
Prime Location: Corner lot in downtown Athens, just a short walk from the University of Georgia.
Historic Charm: Nestled in the historic district, this building exudes character and charm.
Spacious Layout: The second and third floors provide the perfect opportunity for conversion into high-end apartments or luxury condominiums, offering untapped potential for customization.
Zoning: The property is zoned “Commercial Downtown,” allowing a multitude of commercial uses and a maximum of 16 beds.
Ground Floor: Previously operated as Tenas Jewelry and Gifts, and before that as Fosters Jewelry, the ground floor is perfect for retail or a boutique business.
High Ceilings: With 12-foot ceilings, the space feels open and airy, enhancing the overall ambiance.
Well-Maintained: The current owners have maintained the property to a high standard, with no deferred maintenance.
New Roof: A new TPO roof was installed in 2023, ensuring durability and peace of mind for years to come.
Never Used as a Restaurant or Bar: The building has never been used as a restaurant or bar, offering a fresh start for any new venture.
Don’t miss out on the chance to own a piece of Athens’ history while creating a vibrant future.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
10,989 SF
Building Class
C
Year Built
1900
Price
£3,945,000
Price Per SF
£359
Tenancy
Single
Number of Floors
3
Building FAR
3.15
Land Acres
0.08 AC
Zoning
C-D - Commercial-Downtown zoning is intended to promote a mix of uses, such as retail, office, residential, and entertainment.
Frontage
Walk Score ®
Walker's Paradise (91)
Bike Score ®
Very Bikeable (71)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 17-1-B5 C-008 | Improvements Assessment | £570,388 |
| Land Assessment | £175,193 | Total Assessment | £745,581 |
PROPERTY TAXES
Parcel Number
17-1-B5 C-008
Land Assessment
£175,193
Improvements Assessment
£570,388
Total Assessment
£745,581
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Daniel Marks -
Brett DeLoach -
Marks Commercial Realty, Inc
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