This 18-acre-plus site is one of the last undeveloped pieces of its size inside the Athens Loop. Formerly belonging to Wilkins Properties, it was the home to a sewing plant where women's jeans and other pants were made for much of its history. According to the New York Times, it was the site of the first business in Athens to integrate African-American women into the industrial workforce. It boasts three major mill buildings, an administration building and two smaller buildings, encompassing approximately 188,000 square feet of space. It's zoned multi-family, and there's plenty of space for parking. Well over half the land is undeveloped, so green space is at a premium. Plus, there are easements on the building facades that provide significant local tax breaks for the owner--and there are opportunities for mill redevelopment tax breaks on both the federal and state levels to help offset the cost of the project.
* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
The Multi-Family (2-4 Units) located at 355 Oneta Street, Athens, GA 30601 is currently for sale.
355 Oneta Street, Athens is listed for $2,000,000.
This property has approximately 188,000 square feet.
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