Founded in Atlanta by the Gordy family in 1928, the first Athens Varsity opened in 1932, across from the arch. It remained open until at least the late 1970s. This location opened in 1963. Recent rumors suggest the property is to be replaced by a Publix grocery store and the Varsity moved to Oconee County. I cannot confirm this at this time.
It was confirmed on 13 May 2021 that the Varisty will be demolished for a new development on the property.