Versatile Commercial Building with
1840 Volunteer Parkway Bristol, TN 37620
1840 Volunteer Parkway, Bristol, TN, 37620
$400,000
For Sale
$400,000
COMMERCIAL - Bristol, TN
Property Size1,746 SF
Lot Size0.45 Acres
Price / SF$229.10
Days on Market9
Property Features for 1840 Volunteer Parkway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B-3
- Standard status
- Active
- APN
- 053a G 015.10
- Size
- 1,746 SF
- Lot size
- 0.45 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1371
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Building materials
- Brick
- Roof type
- Asphalt
Listing Agency
LPT Realty - Griffin Home Group
(423) 482-0743
4718 Lake Park Drive Suite 2, JOHNSON CITY, TN
Listed by
Jim Griffin · License #310406
(423) 482-0743
Added: Jul 9 Checked: Jul 17 at 2:06 pm
MLS# 9997938
Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale commercial building offers a versatile layout designed to support a range of business uses. The property includes a spacious commercial kitchen with industrial sinks, along with one full bathroom and three large rooms that can be adapted as private offices, consultation or treatment rooms, meeting space, or additional retail or dining areas. A covered front porch and a rear patio add usable outdoor space for customer seating or service overflow. The kitchen equipment is negotiable and does not convey with the sale.
Located on a 0.45-acre lot in Bristol, TN, the building is positioned for visibility along Volunteer Parkway. The site includes a separate rear driveway and a two-car carport, providing convenient access for owners, employees, and deliveries, as well as additional on-site parking.
With its combination of a functional commercial kitchen, multiple adaptable interior rooms, and both front and rear outdoor areas, the space can work for restaurant or cafe concepts as well as professional or service-oriented businesses such as offices, salons, wellness, or other service uses. Offered in B-3 zoning, this property is built to accommodate operators looking for a single location that can be tailored to their specific workflow and customer experience. Buyer and buyer’s agent should verify all information contained herein.
Located on a 0.45-acre lot in Bristol, TN, the building is positioned for visibility along Volunteer Parkway. The site includes a separate rear driveway and a two-car carport, providing convenient access for owners, employees, and deliveries, as well as additional on-site parking.
With its combination of a functional commercial kitchen, multiple adaptable interior rooms, and both front and rear outdoor areas, the space can work for restaurant or cafe concepts as well as professional or service-oriented businesses such as offices, salons, wellness, or other service uses. Offered in B-3 zoning, this property is built to accommodate operators looking for a single location that can be tailored to their specific workflow and customer experience. Buyer and buyer’s agent should verify all information contained herein.
Key Highlights
- 1,746 SF brick commercial building on a 0.45‑acre lot on Volunteer Parkway
- Covered front porch plus rear patio for potential outdoor seating or service space
- Spacious commercial kitchen with industrial sinks; kitchen equipment is negotiable (does not convey)
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.2k | $23.04 |
| − Vacancy | −$1.7k | −$0.97 |
| EGI | $38.5k | $22.07 |
| − OpEx | −$11.6k | −$6.62 |
| NOI | $27.0k | $15.45 |
1,746 SF · lease $23.04/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$385.4K
$337.2K – $449.6K
NOI $26,977 @ 7.0% cap · market cap 6.74%
Second Best
Specialty Retail
$263.8K
$230.8K – $307.7K
NOI $18,464 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$653.8K
$572.1K – $762.8K
NOI $45,769 @ 7.0% cap · market cap 11.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Parkway Massage Club ...
Alternative Medicine Practice
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - A flexible B-3 storefront with a commercial kitchen, indoor rooms, and outdoor patio space for multiple service concepts.
Where is this conventional restaurant located?
The property is located at 1840 Volunteer Parkway Bristol, TN.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 1,746 SF brick commercial building on a 0.45‑acre lot on Volunteer Parkway; Covered front porch plus rear patio for potential outdoor seating or service space; Spacious commercial kitchen with industrial sinks; kitchen equipment is negotiable (does not convey)
