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Turnkey Diner Restaurant with Equipment
For Sale
$829,000

2520 W State Street, Bristol, TN 37620

COMMERCIAL - Bristol, TN

Property Size1,470 SF
Lot Size0.25 Acres
Price / SF$563.95
Days on Market690

Property Features for 2520 W State Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning B3
Parking 16
Subdivision Not In Subdivision
Directions From Downtown Bristol, head West on State Street. Turn left at the Euclid/State Street Traffic light. U-turn at first traffic light, property is on right immediately between Walgreens and Taco Bell.
Standard status Active
APN 020b D 021.00
Size 1,470 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Annual Amount 1152

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central, Heat Pump (Heating)
Cooling system Heat Pump, Central Air
Water source Public

Building Details

Year built 1972
Building materials Block
Roof type Rolled Hot Mop, Rubber
Listing Agency: The Addington Agency Bristol
Listed By: Jeff Rountree · License #TN352561 | VA0225264848
Added: Sep 22, 2024 Changed: Aug 4 Last Checked: Aug 12 at 3:06AM
MLS# 9971504

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 breakfast & diner property is offered as a turnkey restaurant, including all restaurant equipment. The sale includes tables, chairs, silverware, plates, and dishes; a fully equipped kitchen with ovens, grill, and a commercial dishwasher; dry storage with inventory; cold storage including freezer units; and display cases and more. The building is constructed of block and was built in 1972. Heating is central with a heat pump, and cooling is heat pump with central air.

The property is located at 2520 W State Street in Bristol, directly on the TN/VA state line at the intersection of W State St, Euclid Ave, and Gate City Hwy. Utilities include cable available, with public water and public sewer.

Additional exterior updates include a rubber roof installation in 2023. The property is listed for sale, and the remarks note it may also be available for lease. Buyer and Buyer’s Agent are to verify all information.

Key Highlights

  • Turnkey sale includes all restaurant equipment, tables, seating, kitchen equipment, and cold storage
  • Rubber roof installed in 2023
  • Zoned B3

Property Analytics

Current Use

The Old Lighthouse Diner Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply HVAC Service Big Box & Wholesale Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

722
Businesses Nearby
537k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 51% Dining 33% Electronics 6% Leisure 5%
Bass Pro Shops Apparel
106,983 visits/mo 0.4 miles
Chick-fil-A Dining
67,339 visits/mo 0.5 miles
Belk Apparel
52,611 visits/mo 0.5 miles
McDonald's Dining
33,398 visits/mo 0.4 miles
Best Buy Electronics
32,834 visits/mo 0.3 miles

Demographics for 37620, TN

38,245
Population
18,119
Households
2.1
Avg Household Size
45
Median Age
26%
College-Educated
90%
High-School Grad
128.2 sq mi
ZIP Area
298
Density / Sq Mi
$54,908
Median Household Income
$36,017
Median Earnings
$809
Median Rent
$175,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Mellow Mid-Century 2120 Osborne St, Bristol, VA 24201
  • Eggs Up Grill 180 Stateline Ctr, Bristol, VA 24201
  • David Parker 1 Liberty Pl, Bristol, VA 24201
  • The Old Lighthouse Diner 2520 W State St, Bristol, TN 37620

Frequently Asked Questions

What type of property is this?
Breakfast & diner - Zoned B3 diner with included restaurant equipment, central HVAC, and updated roof installed in 2023.
Where is this breakfast & diner located?
The property is located at 2520 W State Street Bristol, TN.
What is the asking price?
The asking price for this property is $829,000.
What are key features of this property?
This property features: Turnkey sale includes all restaurant equipment, tables, seating, kitchen equipment, and cold storage; Rubber roof installed in 2023; Zoned B3
More about this property
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