3341 Weaver Pike, Bristol, TN 37620-8393
This exceptional property presents a unique investment opportunity in Bristol, Tennessee. Located at 3341 Weaver Pike, this former elementary school offers a substantial 40,640 square foot building situated on a generous 5.54-acre lot. Built in 1930, the single-story structure is zoned PBD 3, allowing for a diverse range of potential uses. Permitted uses under this zoning include multi-family dwellings, childcare facilities, religious facilities, general retail trade, and self-storage, among others. The asking price is $550,000, translating to $13.53 per square foot. The property's substantial size and flexible zoning make it an ideal candidate for adaptive reuse, offering significant potential for developers and investors seeking a large-scale project with considerable upside. The property's location in Sullivan County, Tennessee, provides convenient access to local amenities and transportation networks. The property's APN is 069 015.00 and the zip code is 37620. This is a rare chance to acquire a significant piece of Bristol's history and transform it into a thriving modern facility. The property is currently vacant and ready for immediate development. Serious inquiries are encouraged.
Cap rate
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Comparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.