3080 W State St Bristol, TN 37620
For Sale
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This exceptional 7,050-square-foot commercial property, situated on a spacious 3.5-acre lot in Bristol, Tennessee, presents a remarkable investment opportunity. Originally a nightclub, the building boasts a versatile open floor plan, a substantial bar area, several private offices, and a sizable fenced outdoor patio. All existing furnishings and equipment are included in the sale price of $900,000. Built in 1972 and renovated in 1973, the single-story structure is currently vacant and ready for immediate occupancy or redevelopment. The property features ample graveled parking in front and to the side of the building. Its strategic location on West State Street (Highway 11W) offers excellent visibility and accessibility, being within two miles of Interstate 81 (Exit 74A/B), the Pinnacle retail center, and Bristol Regional Medical Center. Proximity to the Bristol Hard Rock Hotel and Casino further enhances its desirability. The property's zoning allows for a wide range of commercial uses, including but not limited to: a nightclub or music venue, event center, indoor recreation facility, dinner theater, storage facility, showroom and service center, community or faith-based organization, equipment rental and distribution center, medical services, or light industrial applications. The possibilities are extensive, making this a truly unique and potentially lucrative investment. The property's APN is 082020HA00110.
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
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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.