Bristol Office Building Near
Bristol, TN 37620 Bristol, TN 37620
COMMERCIAL - Bristol, TN
Property size:
1,215 SFLot size:
0.33 AcresPrice / SF:
$230/SF- Added:
- Apr 2, 2026
- Days on Market:
- 99
- Last Refresh:
- Jul 9 at 10:06 pm
Property Features
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Spec Interest
- Parking
- 6
- Standard status
- Active
- Size
- 1,215 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1082
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air, Heat Pump
- Water source
- Public
Building Details
- Year built
- 2008
- Building materials
- Brick
- Roof type
- Shingle, Composition
Listing agent Tammy Childress License #364452 (423) 213-3924
Listing office CENTURY 21 Legacy Fort Henry 1757 Fort Henry Dr, Kingsport, TN (423) 239-6112
Listing date Apr 2, 2026
MLS# 9993259
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 brick office building is located near downtown Bristol in a walkable, historic residential area, close to downtown amenities, the YMCA, and local dining. The property includes ample parking and an outside picnic area. Unit 2 features a reception area, ADA compliant bathroom, an office space, conference room, kitchenette, employee bathroom, and storage room. Unit 1 includes a waiting area, two office spaces, an ADA compliant bathroom, a storage closet, and a utility room. The property is being sold AS IS WHERE IS. The lot size is 0.33 acres and the property size is 1215 square feet.
Key Highlights
- Located near downtown Bristol in a walkable, historic residential area.
- Two units, both currently under lease with tenants interested in continuing.
- Ample parking and an outside picnic area.
Local Financial Insights For Office B
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 | $30.3k | $24.96 |
| − Vacancy | −$6.7k | −$5.49 |
| EGI | $23.7k | $19.47 |
| − OpEx | −$5.9k | −$4.87 |
| NOI | $17.7k | $14.60 |
1,215 SF · lease $24.96/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$253.4K
$221.8K – $295.7K
NOI $17,741 @ 7.0% cap · market cap 6.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$455.0K
$398.1K – $530.8K
NOI $31,850 @ 7.0% cap · market cap 11.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Brick office building near downtown Bristol in historic residential area.
Where is this office building located?
The property is located at Bristol, TN.
What is the asking price?
The asking price for this property is $279,999.
What are key features of this property?
This property features: Located near downtown Bristol in a walkable, historic residential area.; Two units, both currently under lease with tenants interested in continuing.; Ample parking and an outside picnic area.
