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Former Sunset Motel
Multifamily
Listing Contacts
License: TN 334533GC
Active
Asking Price: $599,999
Earnest Money Deposit: 10% min.
Address
2620 Volunteer Pkwy, Bristol, TN 37620
Show on MapDate Added
Jan 23, 2023
Days on Market
816 days
Time Since Last Update
80 days
Details
Property TypeMultifamily, Hospitality, Mixed Use, Land
SubtypeCommercial, Single Family Rental Portfolio, Apartment Building
Investment TypeRedevelopment
ZoningB-3
Broker Co-OpYes
Marketing Description
Former Sunset motel that has been demolished ready for new development
Fantastic development opportunity within walking distance to Bristol Motor Speedway and easy access to all Tri-Cities.
B-3 zoning will allow max development opportunities within city limits
Great location for a C-Store, hotel, quick service restaurant, or storage.
B-3 zoning will allow max residential density of 35 units per acre!
3.0+/- acres
Water and sewer in place - with possible option to relocate for more units.
Level with over 300 feet of frontage on Volunteer Parkway.
Current office is ready to use or could be demolished to add more units or small commercial use.
Valuation Calculator
Valuation Calculator
Loan Amount
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DSCR
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ROI
Property History
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Due Diligence
Listing Contacts
- License: TN 334533
GC
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