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56 Center Pointe Dr - Bristol Restaurant or Retail Pad 1.79 Acres of Commercial Land Offered at $2,153,756 CAD in Bristol, TN 37620
Investment Highlights
- Pad Ready
- Proximate to super-regional destinations
- Ground Lease Available
- Interstate Visibility
- Build to suit available
Property Facts
| Price | $2,153,756 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| Sale Conditions | Total Lot Size | 1.79 AC | |
| No. Lots | 1 | Cross Streets | US Hwy 11W |
| Property Type | Land |
| Price | $2,153,756 CAD |
| Sale Type | Investment or Owner User |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.79 AC |
| Cross Streets | US Hwy 11W |
1 Lot Available
Lot 3
| Price | $2,153,756 CAD | Lot Size | 1.79 AC |
| Price Per AC | $1,203,215.68 CAD |
| Price | $2,153,756 CAD |
| Price Per AC | $1,203,215.68 CAD |
| Lot Size | 1.79 AC |
Pad ready site with site engineering and site improvements designs available to customize. The site fronts 240 feet on Interstate 81 and has 316 feet average depth. All city services available. Regional Hospital nearby and Tru Hotel adjacent.
Description
This prime development opportunity is located within 5 minutes drive-time of Bristol's major attractions and major employers. The Bristol Regional Medical Center and the Pinnacle Shopping complex are a few blocks west. Both are super-regional demand generators. The new Hard Rock Casino is packed with customers for food, fun and entertainment every weekend and it's located a short drive East. Again, a super-regional demand generator. With easy 4-lane highway access and Interstate 81 frontage, this site is perfect for food, retail, or service related consumer business. The site is easily visible from the Virginia Welcome Center on Interstate 81. This site is within the Border Region Retail Development District allowing for sales tax reimbursement. A portion of the State’s share of sales tax is allocated to the developer to cover eligible development costs. These costs include such items as acquisition, financing charges and interest; design, engineering, and legal fees; location assistance, site work, utilities, and building construction. The amount of allocation (payback) you receive is determined by the amount of sales tax generated by your project. On prior projects this amount has been approximately 3.7% of retail sales amounts. The site is graded and compacted and one of the owners is a design builder with decades of experience building retail, office, medical, and other large scale projects. The owner will consider outright sale, ground lease, or build to suit. Can we show you what your concept would look like on this site?
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56 Center Pointe Dr - Bristol Restaurant or Retail Pad
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