2182 Us-11WBristol, TN 37620

Property Details for 2182 Us-11W

Year built

1975

Lot size

1.85 AC

Property size (Sq ft)

1,000 SF

Property type

Other commercial real estate

Property subtype

Other retail properties

Description

This exceptional investment opportunity encompasses a 1.85-2 acre parcel of land zoned for full commercial use, strategically located on US-11W in Bristol, Tennessee (zip code 37620). The property boasts a high daily traffic count (13,000 ADT) and enjoys convenient proximity to I-81 and The Pinnacle. The site features two buildings totaling 3,000 net rentable square feet, with a ceiling height of 18 feet. One building is a fully operational two-bay garage equipped with a lift, while the other is a former market/store, adaptable for various uses such as a live-in business, retail space, or office. The property includes four pads, sixty parking spaces, and two gated fenced storage areas. Improvements were made in 2004, 2020, and 2023. The property is offered fee simple and has a 3.04% cap rate, with projected monthly rents of $3,500-$4,000. The asking price is $395,000. The property's versatility allows for multiple uses, including the potential to construct an additional 5,000-8,000 square foot building or warehouse. This rare opportunity presents significant potential for growth and return on investment. The property's APN is 082018 05405. The buildings were constructed in 1975. The property includes two units.

Location Insight

City

Bristol

County

Sullivan

State

Tennessee

Latitude

36.5825

Longitude

-82.2976

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