Former Bristol Office Supply

Retail-Commercial for Sale
Catylist Listing ID: 30638409
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Other
Building Size (RSF): 15,540 SF
Gross Land Area: 0.32 Acres
Sale Price: $569,900
Unit Price: $36.67 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Bristol Newspaper Building
Usable Size (USF): 15,540 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/12/2020

Overview / Comments

The former Bristol Office Supply Building once housed the Bristol Herald Courier. This two story building is very unique in its design and structure. Built in 1871, the building was the mainstay of Moore Street for many years as the offices and printing of the Bristol Courier began at this site in 1871 under the direction of John Slack, and became Bristol's first daily newspaper in 1888. The daily newspaper took over the Courier in 1907, and soon became the Bristol Herald Courier, which it is still known as today.
The building has a great history as well as a number of the original components. The entrance has much of its original charm and appointments.
Located next to the Birth Place of Country Music Museum and the Bristol Hotel, the property has great potential. It even has it's own Parking Lot!
Built in the middle of the downtown area just an alley off of State Street, the main floor is said to be above the flood plain. While the main structure of the building is concrete and brick, the supporting structure is mainly large wooden beams with high ceilings and soaring windows,all of which makes this building a rare opportunity for renovation as all sides of the building are unobstructed windows which is especially suited for LOFT Renovation.
For more information and a confidential showing, call today.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Bristol
Taxing Authority: City of Bristol, VA
Tax ID/APN: 37-5-3
Zoning: B-2
Retail Clientele: Business, Tourist, Recreation, Other
Property Located Between: Cumberland Street and State Street
Property Visibility: Excellent
Largest Nearby Street: State Street
Highway Access: Property is accessible to nearly all sides. Moore Street in Front, parking lot on the north side, an alley at the rear and Winston's Alley on the other side.
Airports: Tri Cities Regional Airport
Site Description: Level downtown site.
Area Description: Downtown Bristol is one of the areas hottest prospects, with Country Music, nightlife, restaurants, the expansion of 3 hotels, and soon the Hard Rock Cafe. Bristol is great destination for many, NASCAR, Rhythm & Roots, Country Music Museum, Drag Racing, an expanding downtown, as well as a great number of outdoor activities with hiking, TVA Lakes and one of the most popular trout streams in the Southeast.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 7,770 SF
Property Condition: Fair
Year Built: 1871
Roof Type: Flat
Construction/Siding: Block, Brick, Concrete
Exterior Description: Brick building, with concrete block construction.
Total Parking Spaces: 14
Parking Type: Surface
Parking Description: Lined parking lot beside the building
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Heat Pump
Air Conditioning: Package Unit
Internet Access: Cable, T1/T3, Fiber Optic
Interior Description: Building was last used as an office for a copier supplier, and has had mild alterations over the years. Much of the upper level is as it was originally, with large windows, wooden floors, and high ceilings.
Zoning Description: B-2, General Business Zoning which allows for residential living spaces above.
In Flood Plain?: Yes
Lot Frontage: 140'
Lot Depth: 131'
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Fee Simple
Legal Description: Upon request

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,145 37,931 55,300
Median Age: 37.81 40.96 42.13
Households: 5,702 16,481 23,741
The information presented herein is provided as is, without warranty of any kind. Neither Northeast Tennessee Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.