Corner Lot Retail and Office
1900 Anderson St Bristol, TN 37620
1900 Anderson St, Bristol, TN, 37620
$135,000
For Sale
$135,000
Well-maintained commercial building on a corner lot with about 94 feet of frontage and ample on-site parking.
Property Size840 SF
Lot Size0.16 Acres
Price / SF$160.71
Days on Market51
Property Features for 1900 Anderson St
General Information
- Standard status
- Active
- Size
- 840 SF
- Lot size
- 0.16 Acres
Listing agency
Property Executives Johnson City
(954) 708-8681
Listed by
Emma Ayala · License #385359
(954) 708-8681
Source
Exprealty
Added: Jun 1 Updated: Jul 21 at 12:33PM Checked: Jul 21 at 12:33PM
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 Property Executives Johnson City
Investment Insights
Based on property information with market context.
This well-maintained commercial building at 1900 Anderson St is offered for sale as-is. The property was previously operated as a salon and is described as turnkey, with equipment conveying, giving the next owner the option to keep the space as-is or reimagine it for a different use. The building sits on a corner lot and includes space classified for commercial use, supporting flexibility for retail, service, or professional office applications.
The property has approximately 94 feet of frontage along Anderson Street and is served by ample on-site parking, which can be advantageous for customer-serving businesses. The parcel is also positioned a few minutes from downtown Bristol and State Street, providing proximity to established activity in the area.
All information is deemed reliable but not guaranteed; buyer/buyer’s agent should verify details. Owners are selling the property as-is.
The property has approximately 94 feet of frontage along Anderson Street and is served by ample on-site parking, which can be advantageous for customer-serving businesses. The parcel is also positioned a few minutes from downtown Bristol and State Street, providing proximity to established activity in the area.
All information is deemed reliable but not guaranteed; buyer/buyer’s agent should verify details. Owners are selling the property as-is.
Key Highlights
- Well‑maintained commercial building at 1900 Anderson Street on a corner lot (~73' x 94', just under 0.16 acre).
- About 94 feet of frontage along Anderson Street with ample on‑site parking.
- Previously operated as a salon; equipment is noted as conveying, and the property is sold as‑is.
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 | $21.0k | $24.96 |
| − Vacancy | −$4.6k | −$5.49 |
| EGI | $16.4k | $19.47 |
| − OpEx | −$4.1k | −$4.87 |
| NOI | $12.3k | $14.60 |
840 SF · lease $24.96/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Retail
$185.4K
$162.2K – $216.3K
NOI $12,979 @ 7.0% cap · market cap 9.61%
Second Best
Office B
$175.2K
$153.3K – $204.4K
NOI $12,265 @ 7.0% cap · market cap 9.09%
Theoretical Best
Office A
$314.6K
$275.3K – $367.0K
NOI $22,020 @ 7.0% cap · market cap 16.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
Similar Off Market Nearby
- Bristol Wreath & Floral — Bristol, TN 37620
- Kroger Floral — 31 Midway St, Bristol, VA 24201
FAQs
What type of property is this?
Storefront property - Well-maintained commercial building on a corner lot with about 94 feet of frontage and ample on-site parking.
Where is this storefront property located?
The property is located at 1900 Anderson St Bristol, TN.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Well‑maintained commercial building at 1900 Anderson Street on a corner lot (~73' x 94', just under 0.16 acre).; About 94 feet of frontage along Anderson Street with ample on‑site parking.; Previously operated as a salon; equipment is noted as conveying, and the property is sold as‑is.
