3080 State StBristol, TN 37620

  • Sports & entertainment properties
  • 7,614 SF
For Sale
$900,000 View listing

Property Details for 3080 State St

Year built
1972
Lot size
190.00 AC
Property size (Sq ft)
7,614 SF
Property type
Sports & entertainment properties
Property subtype
Bowling alleys
APN
082020H A 00110
APU
082020HA00110

Description

This exceptional 7,050-square-foot commercial property, situated on a spacious 3.5-acre lot in Bristol, Tennessee, presents a remarkable investment opportunity. Originally a nightclub, the building boasts a versatile open floor plan, a substantial bar area, several private offices, and a sizable fenced outdoor patio. All existing furnishings and equipment are included in the sale price of $900,000. Built in 1972 and renovated in 1973, the single-story structure is currently vacant and ready for immediate occupancy or redevelopment. The property features ample graveled parking in front and to the side of the building. Its strategic location on West State Street (Highway 11W) offers excellent visibility and accessibility, being within two miles of Interstate 81 (Exit 74A/B), the Pinnacle retail center, and Bristol Regional Medical Center. Proximity to the Bristol Hard Rock Hotel and Casino further enhances its desirability. The property's zoning allows for a wide range of commercial uses, including but not limited to: a nightclub or music venue, event center, indoor recreation facility, dinner theater, storage facility, showroom and service center, community or faith-based organization, equipment rental and distribution center, medical services, or light industrial applications. The possibilities are extensive, making this a truly unique and potentially lucrative investment. The property's APN is 082020HA00110.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,681,769
    Hospitality
    $1,540,491
    Educational
    $1,281,671
    Medical
    $1,325,749
    Retail
    $1,993,710
3080 State St, Bristol, Tennessee

Location Insight

City
Bristol
County
Sullivan
State
Tennessee
Latitude
36.5902
Longitude
-82.2269
CBSA code
28700
CBSA name
KINGSPORT-BRISTOL-BRISTOL, TN-VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$36,840
$74,000
$110,840
-
$92,100
$185,000
$277,100

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