1 Centre Dr Bristol, TN 37620

Property Details for 1 Centre Dr

Year built

1980

Lot size

72.00 lot acres

Property size

13,500 SF

Property type

Industrial properties

Property subtype

Flex space

Description

This exceptional 72-acre property in Bristol, Tennessee, presents a unique investment opportunity. The main building, totaling 13,500 square feet of net rentable space, was constructed in 1980 and extensively renovated in 2016. Boasting a 9-foot ceiling height, the building features a commercial kitchen with walk-in cooler and freezer, a bar in the social hall, a large meeting room (suitable for dining, office space, or an apartment), seven private offices, and a sizable room with a roll-up overhead door (ideal for storage, a studio, or event space). The property also includes approximately 130 paved parking spaces and a brick-paved veranda with a fireplace and pergola. The site is conveniently located equidistant from Bristol Motor Speedway, South Holston Lake, Harrah's Casino, and downtown Bristol, offering unparalleled versatility. Zoned M-2 Industrial, the property allows for numerous uses, including event venues, religious facilities, restaurants, RV parks, sports camps, or residential development. Approximately 10-15 acres near the building are buildable, with potential for short-term rentals, additional structures, or permanent housing. A large sloping hillside could even serve as an amphitheater. The property is accessed via a gated private drive off US Highway 421. Offered at $1,200,000 ($88.89/sq ft), this fee-simple ownership presents a rare chance to acquire a substantial property with significant upside potential in a thriving location. The single-story building sits on a 72-acre lot.

Location Insight

City

Bristol

County

Sullivan

State

Tennessee

Longitude

-82.1628

Latitude

36.5564