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Iconic Diner on State Line
For Sale
$829,000

2520 West State Street, Bristol, TN 37620

Turnkey restaurant opportunity in high-traffic Bristol location.

Property Size1,470 SF
Lot Size0.25 Acres
Price / SF$563.95
Days on Market689

Property Features for 2520 West State Street

General Information

Standard status Active
Size 1,470 SF
Lot size 0.25 Acres
Property subtype Commercial/Industrial

Building Details

Year Built 1972
Listing Agency: The Addington Agency Bristol
Listed By: Jeff Rountree · License #TN352561 | VA0225264
Source: Exitrealty
Added: Sep 22, 2024 Changed: Aug 8 Last Checked: Aug 11 at 7:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Addington Agency Bristol

Investment Insights

Based on property information with market context.

This is a turnkey business opportunity located directly on the Tennessee/Virginia state line at the intersection of W State St, Euclid Ave, and Gate City Hwy. The property is situated in a high-visibility location with heavy traffic flow and proximity to the new Bristol Casino. The sale includes all restaurant equipment, such as tables, chairs, silverware, plates, and dishes, a fully equipped kitchen with ovens, grill, and commercial dishwasher, dry storage with inventory, cold storage including freezer units, and display cases. A new rubber roof was installed in 2023. The property is 1470 square feet and is suitable for a restaurant or diner business.

Key Highlights

  • Turnkey restaurant business opportunity in an iconic, recognizable landmark.
  • High‑visibility location on the TN/VA state line with extremely heavy traffic flow.
  • Prime location minutes from the new Bristol Casino.

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.

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
Questions? Ask Rey
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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 - Turnkey restaurant opportunity in high-traffic Bristol location.
Where is this breakfast & diner located?
The property is located at 2520 West 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 restaurant business opportunity in an iconic, recognizable landmark.; High‑visibility location on the TN/VA state line with extremely heavy traffic flow.; Prime location minutes from the new Bristol Casino.
More about this property
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