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Historic Victorian Restaurant Property
For Sale
$599,900

412 6th Street, Bristol, TN 37620

Commercial Sale, Bristol, TN

Property Size6,184 SF
Lot Size0.44 Acres
Price / SF$97.01
Days on Market92

Property Features for 412 6th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning B 1A
Directions From downtown Bristol, Head south on Volunteer Pkwy toward Commonwealth Ave. Turn left onto Anderson St. Turn right onto 6th St.
Subdivision 103 - Bristol TN (City)
Standard status Active
APN 021h A 024.00
Size 6,184 SF
Lot size 0.44 Acres

Taxes and HOA fees

Tax Annual Amount 2036

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1870
Building materials Wood Siding
Roof type Slate
Listing Agency: The Addington Agency Bristol
Listed By: Garrett Addington · License #337697
Added: Jul 9 Changed: Oct 2 Last Checked: Oct 8 at 8:06AM
MLS# 9997982

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.

Built in 1870, this Victorian property combines historic architectural details with restaurant-oriented improvements. The building includes original hardwood floors, detailed woodwork, a staircase, fireplaces, a custom bar, and a fully equipped commercial kitchen with walk-in coolers. Multiple dining areas, five restrooms, dedicated office space, and a wraparound porch support a range of hospitality configurations. Central heating, central air, public water, public sewer, and a slate roof are also in place.

Zoned B-1A, the property previously operated as a restaurant and is recognized as a Bristol historic landmark. Its setting is within walking distance of downtown Bristol and a short drive from HardRock Casino and Bristol Motor Speedway. The covered porch includes outdoor seating and a stage, adding an event-oriented component to the existing restaurant layout.

Key Highlights

  • Built in 1870 with Victorian architectural character and original hardwood floors
  • B‑1A zoning and prior restaurant operation
  • Fully equipped commercial kitchen with walk‑in coolers and custom bar

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,959
Cap Rate
6.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$819,180 $819.2K
Cap Rate 7%
$585,129 $585.1K
Cap Rate 9%
$455,100 $455.1K
Market Conditions
NOI Build-Up for 6,184 SF
Gross rent
$61.6K $9.96/SF
− Vacancy
−$3.1K −$0.50/SF
EGI
$58.5K $9.46/SF
− OpEx
−$17.6K −$2.84/SF
NOI
$41.0K $6.62/SF
Area
Sullivan County, TN
Vacancy
5.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$819,180
Cap Rate 7%
$585,129
Cap Rate 9%
$455,100

Alternative Uses

Best Use
Specialty Retail
$934.2K
$817.5K – $1.09M (±1% cap)
NOI $65,396 @ 7.0% cap · market cap 10.90%
Second Best
Industrial
$585.1K
$512.0K – $682.7K (±1% cap)
NOI $40,959 @ 7.0% cap · market cap 6.83%
Theoretical Best
Office A
$2.32M
$2.03M – $2.70M (±1% cap)
NOI $162,106 @ 7.0% cap · market cap 27.02%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Building Supply Storage Facility Grocery & Convenience Store Parking Lot & Garage

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

1,187
Businesses Nearby
44k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 59% Dining 37% Hotels & Casinos 2% Beauty & Spa 2%
Applebee's Dining
11,965 visits/mo 0.2 miles
Exxon Shops & Services
7,583 visits/mo 0.4 miles
Dollar General Shops & Services
6,572 visits/mo 0.2 miles
Shell Shops & Services
4,549 visits/mo 0.3 miles
Regions Bank Shops & Services
3,555 visits/mo 0.4 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - B-1A property with a commercial kitchen, walk-in coolers, multiple dining areas, and a wraparound porch.
Where is this conventional restaurant located?
The property is located at 412 6th Street Bristol, TN.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Built in 1870 with Victorian architectural character and original hardwood floors; B‑1A zoning and prior restaurant operation; Fully equipped commercial kitchen with walk‑in coolers and custom bar
More about this property
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