2543 State St Bristol, TN 37620-1815
This exceptional 2,467 square foot commercial property, located at 2543 W State St, Bristol, TN 37620, presents a unique investment opportunity. Previously a bank, this vacant building offers versatile potential for a variety of businesses. Situated in Sullivan County, Tennessee, its prime location offers excellent visibility and high traffic counts, boasting proximity to the new Hard Rock Casino, ensuring a steady stream of potential customers. The property is classified as both retail and office space, providing flexibility for adaptive reuse or redevelopment. The asking price is $600,000. Given its strategic location and substantial square footage, this property is ideal for entrepreneurs seeking a high-impact commercial space. The building's current condition allows for either a comprehensive rehabilitation project, transforming it into a modern and functional space, or demolition to make way for new construction, tailored to specific business needs. This presents a rare chance to capitalize on a thriving location and create a significant return on investment. The property's convenient location near the Hard Rock Casino makes it an attractive prospect for businesses seeking high visibility and foot traffic. Serious inquiries are encouraged to explore the full potential of this promising commercial real estate opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.