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Midway Medical Park Office 249 Midway Medical Park

10,982 SF Office Building Bristol, TN 37620 $795,000 ($72/SF)

Investment Highlights

  • 2 separate entrances allow for 2 tenants
  • Approx. 0.5 miles from Hard Rock Hotel & Casino Bristol
  • 68 parking spaces
  • Vacant lot could be used for expansion or additional parking
  • Approx. 1 mile from I-81, exit 1

Executive Summary

OPPORTUNITY ZONE! Medical office building on 1.93 acre lot is available for sale just off Gate City Highway on Midway Medical Park in Bristol. The property is located approx. 0.5 miles from Hard Rock Hotel & Casino Bristol and 1 mile from I-81, exit 1. The building has 2 separate entrances, which allows for 2 tenants. Also included is a vacant lot that could be used for expansion or additional parking. The site enjoys easy ingress and egress, with 68 parking spaces.
From I-81: Take exit 1, then travel southeast on Gate City Hwy/Hwy 421. In approx. 0.9 miles, turn right onto Midway Street. Subject will be on the left, across from Kroger.

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
10,982 SF
Building Class
B
Year Built
1969
Price
$795,000
Price Per SF
$72
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
5,491 SF
Building FAR
0.13
Lot Size
1.93 AC
Opportunity Zone
Yes
Zoning
B-3 - General business district
Parking
68 Spaces (6.19 Spaces per 1,000 SF Leased)

Amenities

  • Kitchen
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
020B-A-037.00
Land Assessment
$52,120
Improvements Assessment
$229,120
Total Assessment
$281,240
  • Listing ID: 31584797

  • Date on Market: 4/23/2024

  • Last Updated:

  • Address: 249 Midway Medical Park, Bristol, TN 37620

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