512 Alabama St, Bristol, TN 37620
Remodeled historic office building with reception, multiple offices, conference rooms, ample parking, and attached garage storage.
- Added:
- Nov 17, 2025
- Days on Market:
- 208
- Last Refresh:
- Jun 13 at 2:53 am
Property Features for 512 Alabama St
General Information
- Standard status
- Active
- Size
- 2,694 SF
Listing agent Garrett Addington License #337697 (423) 646-1060
Listing office The Addington Agency Bristol (423) 646-1060
Listing date Nov 17, 2025
Source Exprealty
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
HighLights
- Remodeled office building with 2,600+ SF and historic character features including multiple fireplaces and stained glass windows
- Floor plan includes 6–10 designated offices, large reception/lobby area, multiple conference rooms, and 2 bathrooms
- Includes 2 employee kitchen spaces and 300+ SF attached garage for additional storage
- Zoned B3 and includes ample parking plus signage on MLK
- Covered front porch, gabled dormer, multiple balconies, and mature trees
Overview
Located at 512 Alabama St in Bristol, this office property is described as positioned in the heart of town, within walking distance of the downtown district and nearby parks, trails, shops, and restaurants. The building is currently zoned B3 and offers ample parking, along with signage on MLK for visibility.
Designed to support a range of business uses, the current configuration can fit professional services such as accounting, legal, or real estate, along with other light commercial concepts referenced in the listing. For an owner-operator or tenant seeking a ready-to-use corporate office with defined workspaces, conference rooms, and on-site parking plus attached storage, this property offers a complete package in a central, walkable downtown setting.
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 | $67.2k | $24.96 |
| − Vacancy | −$14.8k | −$5.49 |
| EGI | $52.4k | $19.47 |
| − OpEx | −$13.1k | −$4.87 |
| NOI | $39.3k | $14.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bristol
- County
- Sullivan
- State
- Tennessee
- Longitude
- -82.181725
- Latitude
- 36.589752
