628 State St, Bristol, TN 37620
This exceptional 21,060 square foot vacant retail space, located at 628 State Street in Bristol, Tennessee, presents a unique investment opportunity. The property, built in 1929, boasts a versatile layout suitable for a variety of uses, including restaurant, storefront, or bar operations. Its prime location on State Street places it within a bustling and vibrant area known for its strong sense of community and high foot traffic. The building sits on a 7,841 square foot lot, offering ample space for outdoor seating or other potential uses. The property's vacant status allows for complete customization to suit a prospective tenant's specific needs and vision. This mixed-use potential offers a diverse range of income streams, providing a more stable investment compared to single-use properties. The property's rich history and location in Sullivan County, Tennessee, zip code 37620, combine to create a compelling investment proposition. The building's substantial size and versatile nature make it ideal for a large-scale operation or a creative redevelopment project. This is a rare opportunity to acquire a significant commercial property in a thriving Tennessee community. The property's location offers excellent visibility and accessibility, ensuring a strong potential for success. Serious inquiries are encouraged to explore the possibilities this property offers.
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.