109 Raytheon RD Bristol, TN 37620
54,250 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 54,250 sqft
Price per Sqft $110
MLS Listing ID 9996400
HOA Y/N No
Total Fin. Sqft 54250
Year Built 1975
Lot Size 10.000 Acres
Acres 10.0
Lot Dimensions See Acreage
Source Tennessee/Virginia Regional MLS
Property Description
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.
Location
State TN
County Sullivan
Area 10.0
Zoning B3
Direction *GPS Friendly* Bristol Sportsplex, right off 11E on Bluff City Highway in Bristol.
Interior
Heating Heat Pump, Other, See Remarks
Cooling Heat Pump, Other, See Remarks
Equipment Additional Building(s), Dumpster, Fire Alarm, Handicap Access, Other, See Remarks
Heat Source Heat Pump, Other, See Remarks
Exterior
Roof Type Metal,Rubber,See Remarks
Road Frontage City Street
Building
Sewer Public Sewer
Water Public
Structure Type Metal Siding
New Construction No
Others
Senior Community No
Tax ID 037n A 028.00
Acceptable Financing Cash, Other, See Remarks
Listing Terms Cash, Other, See Remarks
NEARBY SCHOOLS & PROPERTIES