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109 Raytheon Road, Bristol, TN 37620 - $5,995,000

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Blue Ridge Properties Listing

109 Raytheon Road, Bristol, TN 37620 (MLS #9996400)

Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Commercial Sale

Sub Type:

MLS Number: 9996400

Lot Acreage: 10.00000

Living Area: 54,250

Year Built:1975

Elementary School:

Middle School:

High School:

Public Remarks: Bristol Sportsplex is a 54,250 SF indoor sports and hospitality campus on 10+ contiguous acres in Bristol, TN, anchored by tennis, pickleball, indoor soccer, fitness, and a full-service restaurant and bar. Built through a six-year arc the founders describe as Plex 1.0 and Plex 2.0, the facility now operates with a complete leadership team in place, more than 2,000 active players, and consolidated revenue that has grown 4.5× since 2021. The next chapter -- Plex 3.0 -- is the opportunity to operate a platform that no longer needs to be built. The infrastructure is in place. The brand is established regionally. The City of Bristol partners on the outdoor pickleball facility. National tournament hosting is established. Multiple revenue centers are operating. Approximately five acres of contiguous development land are included. A featured growth lane -- a structured birthday parties and corporate events program -- is built and ready to run. Offered as an all-in sale: real estate, building, operating business, brand, and team. Few opportunities in this category offer this combination of established operations, diversified revenue, real estate holdings, expansion land, and regional category leadership. Bristol Sportsplex is not a startup. It is a platform. Plex 3.0 belongs to whoever is prepared to operate it. All information contained herein is gathered from third-party sources, tax records, and property owner reports, and is subject to buyer and buyer's agent verification.

Listing Courtesy:The Addington Agency Bristol

More Listing Info:

AC:Heat Pump3: true

AC:Other5: true

AC:See Remarks11: true

Business Type:Recreation: true

Business Type:Restaurant: true

Business Type:Retail2: true

Business Type:See Remarks33: true

Contract Info:Foreclosure: No

Development Status:Infrastructure In: true

Easements:See Remarks18: true

Electric Service:Phase 3: true

Electric Service:See Remarks36: true

Exterior Finish:Metal Siding: true

General Property Description:Acres: 10.0

General Property Description:Annual Lease: 0.0

General Property Description:HOA YN: No

General Property Description:Lease: No

General Property Description:Lot Size2: See Acreage

General Property Description:Total SqFt Finished: 54250.0

General Property Description:Total SqFt Unfinished: 0.0

General Property Description:Zoning2: B3

Heating:Heat Pump2: true

Heating:Other12: true

Heating:See Remarks10: true

Info Available:Aerial: true

Info Available:Appraisal2: true

Info Available:Other29: true

Info Available:Plat: true

Info Available:ProfitLoss Statement: true

Info Available:See Remarks28: true

Location Tax Legal Info:City Taxes: 8173.35

Location Tax Legal Info:ComplexInd Park: Bristol Sportsplex

Location Tax Legal Info:County Taxes: 7145.15

Location Tax Legal Info:Deed Book #: 3436

Location Tax Legal Info:Deed Page #: 1611

Location Tax Legal Info:Lot #: 1R

Other Equipment:Additional Building(s): true

Other Equipment:Dumpster: true

Other Equipment:Fire Alarm: true

Other Equipment:Handicap Access2: true

Other Equipment:Other39: true

Other Equipment:See Remarks38: true

Property Condition:Above Average: true

Property Condition:UpdatedRemodeled: true

Remarks Misc:Directions3: *GPS Friendly* Bristol Sportsplex, right off 11E on Bluff City Highway in Bristol.

Remarks Misc:Public Remarks7: Bristol Sportsplex is a 54,250 SF indoor sports and hospitality campus on 10+ contiguous acres in Bristol, TN, anchored by tennis, pickleball, indoor soccer, fitness, and a full-service restaurant and bar. Built through a six-year arc the founders describe as Plex 1.0 and Plex 2.0, the facility now operates with a complete leadership team in place, more than 2,000 active players, and consolidated revenue that has grown 4.5× since 2021. The next chapter -- Plex 3.0 -- is the opportunity to operate a platform that no longer needs to be built. The infrastructure is in place. The brand is established regionally. The City of Bristol partners on the outdoor pickleball facility. National tournament hosting is established. Multiple revenue centers are operating. Approximately five acres of contiguous development land are included. A featured growth lane -- a structured birthday parties and corporate events program -- is built and ready to run. Offered as an all-in sale: real estate, building, operating business, brand, and team. Few opportunities in this category offer this combination of established operations, diversified revenue, real estate holdings, expansion land, and regional category leadership. Bristol Sportsplex is not a startup. It is a platform. Plex 3.0 belongs to whoever is prepared to operate it. All information contained herein is gathered from third-party sources, tax records, and property owner reports, and is subject to buyer and buyer's agent verification.

Restrictions:See Remarks34: true

Restrictions:Surface Lease: true

Road Access:City Street: true

Roof:Metal3: true

Roof:Rubber: true

Sale Includes:Fee Simple: true

Sale Includes:See Remarks35: true

Sewer:Public Sewer: true

Water:Public: true