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    615 Shelby St Bristol, TN 37620

    Sponsored
    For Lease
    $11 SF/Yr

    Versatile Office Building, Downtown Bristol

    Lot size:
    26,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story, 26,000 square foot office building presents a unique leasing opportunity in the heart of Downtown Bristol, TN. Located at the intersection of Shelby and Sixth Street, this Class B property, built in 1927 and extensively renovated in 2018, offers unparalleled flexibility. The building features two passenger and freight elevators, 800 amps of power, and variable parking. The minimum divisible space is 13,000 square feet, with a maximum contiguous space of 26,000 square feet, making it ideal for a variety of tenants. The first floor boasts high visibility with nearly floor-to-ceiling display windows, along with convenient restrooms, a loading dock, and existing office spaces. The second floor provides abundant natural light from expansive windows overlooking Shelby Street, creating a bright and airy workspace. High 14-foot ceilings throughout contribute to a spacious, open feel. The building is zoned B-2 and has a property tax cost of $0.36 per square foot. This adaptable space is perfect for various retail or office uses, offering a prime location and exceptional opportunity in a thriving downtown area. The building's unique features and central location make it an attractive option for businesses seeking a prominent presence in Downtown Bristol.

    Property Features for 615 Shelby St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,000 SF
    Class
    B
    Total Rate
    23833.33

    Building Details

    Year Built/Renovated
    1927/2018
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Ground Floor
    Size
    13,000 SF
    Rate per SF
    $11

    HighLights

    • Two‑story, 26,000 SF Class B office building with elevator.
    • First floor offers high visibility street frontage, floor‑to‑ceiling windows, restrooms, loading dock, and office space.
    • Second floor features abundant natural light from expansive windows overlooking Shelby Street.
    • Highly versatile space suitable for various retail and office uses (Traditional, Medical, Creative, Executive).
    • High ceilings create a spacious, open feel.
    • Excellent Downtown Bristol, TN location at Shelby & Sixth Street; B‑2 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nash & Powers Insurance ... Insurance Agency Trustpoint Insurance Insurance Agency Cuddy Insurance Group ... Insurance Agency Bristol Commercial Historic ... Historical Place

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Sullivan
    State
    Tennessee
    Longitude
    -82.18436069
    Latitude
    36.59380804

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    FAQs

    What type of property is this?
    Office space - Versatile Office Building, Downtown Bristol
    Where is this office space located?
    The property is located at 615 Shelby St Bristol, TN.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: Two-story, 26,000 SF Class B office building with elevator.; First floor offers high visibility street frontage, floor-to-ceiling windows, restrooms, loading dock, and office space.; Second floor features abundant natural light from expansive windows overlooking Shelby Street.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    615 Shelby St Bristol, TN 37620
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