Bristol, TN Office Property For Sale

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Office for Sale

Bristol, TN 37620

Volunteer Parkway Professional Office Building Now Available! First time offered for sale, this attractive 2,400 sq ft brick building sits on corner of Volunteer Parkway and English Street. Currently an attorney’s office, the updated interior includes welcoming reception area, multiple private offices, conference room, work room, break room and restrooms. 10 parking spaces to side and rear of property with access from either Volunteer Parkway or English Street. Building will be vacated upon sale. Property is ideally suited to accounting, engineering, legal, or any type of professional business or services. Very busy area of Volunteer Parkway close to downtown with an average of 24,000 cars per day passing this location. Contact agent for property tour or for further details.

Office for Sale

Bristol, TN 37620

Office building on 1.26 acre lot is available for sale just off Gate City Highway on Midway Street in Bristol. The property is located approx. 0.5 miles from Hard Rock Hotel & Casino Bristol and 1 mile from I-81, exit 1. The building includes a lobby, reception area, pharmacy, 31 offices, 10 restrooms, break rooms, conference room, elevator and various storage rooms. The site enjoys easy ingress and egress, with 34 parking spaces.

From I-81: Take exit 1, then travel southeast on Gate City Hwy/Hwy 421. In approx. 0.9 miles, turn right onto Midway Street. Subject will be on the left, across from Kroger.

Office for Sale

Bristol, TN 37620

NEW LOWER PRICE! Professional Office Building For Sale at central Bristol location! Classic Brick Style 2-Story 10,982 Sq Ft medical building has a separate office on each floor, both having offices, exam rooms and procedure/surgery rooms. Both floors also have ground level parking and patient drop off entrances. Each floor is 5,491 Sq Ft and available for lease, see separate listing. On-going updates include roof replaced in 2013 with a 15-year warranty, HVACs were replaced in 2003, the lower level was remodeled including new flooring in 2018. Ceiling lights were upgraded to LED panels in 2020-2021. The parking lot was sealed in 2020. Property for sale is a total of 1.93 acres. The back portion of property is clear and level with access from North Street which allows prospective buyer the option to expand or sell, see attached. This is only one of other possible divisions and this is not an accurate division of the property and any division will require regulatory approval and a survey. Contact agent to schedule property tour or for more details.

Office for Sale

Bristol, TN 37620

UPCOMING ONLINE AUCTION - SEPTEMBER 18-20, 2023 - 600 State Street is a unique property in Bristol, a historic town bordering Tennessee and Virginia. This retail asset totals 30,000 square feet across three floors. The property, originally constructed in 1938, is occupied by two tenants. This building presents a unique value-add opportunity with strong redevelopment or conversion appeal to help meet the Bristol Market's growing needs. There is a built-in opportunity to help increase revenue by leasing the lower-level spaces while re-constructing the top floors.

The 600 State Street building is less than 3 miles away for the highly anticipated Hard Rock Casino. The opening of the Casino is expected to drive extra traffic into the region and increase the need for hospitality rooms. This destination resort will be located at the site of the old Bristol Mall. The casino will offer the public world-class dining, entertainment venues, convention facilities, retailers, and outdoor concert venues. The premium attraction is estimated to open in July 2024 and is expected to bring thousands of jobs and millions in revenue to Bristol, with an estimated 4 million visitors annually.

This asset lies along State Street, the state line between Virginia and Tennessee, a scenic location with iconic signage lined with flags representing each state. The area is filled with dining, shopping, entertainment, and history. Thanks to the city's strong revitalization effort, Downtown Bristol is a thriving community with modern amenities and over 60 businesses. The nearby Bristol Motor Speedway is a popular NASCAR track that brings heavy visitor traffic to the region.

The Downtown Bristol retail submarket is reaching capacity as tenants grapple for the area's remaining space. With only 0.8% of the inventory being vacant, this is an ideal time to acquire a value-add asset and reposition the asset to capture the additional need for space within city limits. This growth has pushed rents higher due to the limited inventory growing at an annual rate of 4.2%. 600 State Street is a rare opportunity to acquire a retail asset ripe for conversion or redevelopment as American small-town tourism continues to boom.

To Register for Auction, see link provided. Property tours are available by appointment only. Please contact the broker to schedule.

Specialty for Sale

Bristol, TN 37620

Over 6000 sqft, well kept facility on a corner lot in B3 zoning. Current business is moving up to a larger facility after 10 years of success in growing their business at this location, freeing this space up for it's new owner. Great location on Edgemont Ave, neighboring Tennessee High. Convenient location to all of the Tri-Cities at only 3 miles to Interstate 81. Newer rubber membrane roof, exterior painted within the last two years. Ceiling heights are 9' 10" in approximately 2600 sqft, the remaining areas are 8' ceilings. Nice office space, break room area, work space, and shop area. Check out attached floor plan and 3D model. 600 amp single phase service. 400 on one drop, 200 on the other. Two HVAC units replaced 10 years ago, one replaced 13 years ago. Gas Furnaces and Air conditioning. Simplisafe Security alarm system. Excellent central location.

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