Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Commercial Sale

Sub Type:

MLS Number: 9997811

Lot Acreage: 0.53000

Living Area: 5,018

Year Built:1971

Elementary School:

Middle School:

High School:

Public Remarks: INVESTMENT OPPORTUNITY IN BRISTOL, VIRGINIA. Acquire an income-producing commercial property with established tenants, strong visibility, and future expansion potential at the prominent corner of Commonwealth Avenue and Euclid Avenue. Situated on approximately 0.54 acres, the property features a commercial building offering approximately 2,536 square feet of usable space and is currently occupied by two active tenants paying $1,500 and $2,500 per month, generating combined gross rental income of $4,000 per month, or $48,000 annually. The property benefits from excellent exposure at a highly traveled intersection, with VDOT traffic estimates indicating approximately 11,500 vehicles pass this corner each day. Its strategic location places the property approximately 1.9 miles from the Hard Rock Hotel & Casino Bristol, 1.5 miles from Interstate 81, and just 1.1 miles from historic Downtown Bristol. Additional growth potential may be available through the acquisition of approximately 0.35 acres of adjoining property located along Euclid Avenue, which is available for separate negotiation. If acquired, the combined site could offer approximately 0.89 acres and create additional possibilities for expansion, parking, redevelopment, or future commercial use, subject to applicable zoning and approvals. This offering presents investors with a compelling combination of immediate rental income, established occupancy, high daily traffic exposure, regional accessibility, and long-term strategic potential in the growing Bristol market. Continue operating as an income-producing investment or explore future opportunities to reposition and expand the site. IT IS THE SOLE RESPONSIBILITY OF BUYER AND BUYER AGENT TO VERIFY ALL INFORMATION CONTAINED HEREIN

Listing Courtesy:LPT Realty - Griffin Home Group

More Listing Info:

AC:Central Air: true

Business Type:Retail2: true

Business Type:Shopping: true

Contract Info:Foreclosure: No

Development Status:Cleared2: true

Electric Service:220 Volts: true

Exterior Finish:Metal Siding: true

Exterior Finish:Stucco2: true

Exterior Finish:Vinyl Siding: true

General Property Description:Acres: 0.53

General Property Description:Annual Lease: 0.0

General Property Description:HOA YN: No

General Property Description:Lease: No

General Property Description:Lot Size2: See aerials

General Property Description:Stories3: 1.0

General Property Description:Total SqFt Finished: 5018.0

General Property Description:Total SqFt Unfinished: 0.0

General Property Description:Zoning2: Commercial/Ind.

Heating:Central: true

Info Available:Other29: true

Info Available:See Remarks28: true

Location Tax Legal Info:Block: 29

Location Tax Legal Info:City Taxes: 3092.32

Location Tax Legal Info:County Taxes: 0.0

Location Tax Legal Info:Deed Book #: 657

Location Tax Legal Info:Deed Page #: 845

Location Tax Legal Info:Lot #: 1-3

Other Equipment:Additional Building(s): true

Other Equipment:Smoke Detector(s)2: true

Property Condition:Average: true

Remarks Misc:Directions3: Head southwest on I-81 S. Take exit 1A to merge onto US-421 S/US-58 E toward Bristol. Continue to follow US-421 S. Turn left onto Catherine St. Turn right onto Vance St. Turn left onto Euclid Ave. Turn left onto Commonwealth Ave. Destination will be on the right.

Remarks Misc:Public Remarks7: INVESTMENT OPPORTUNITY IN BRISTOL, VIRGINIA. Acquire an income-producing commercial property with established tenants, strong visibility, and future expansion potential at the prominent corner of Commonwealth Avenue and Euclid Avenue. Situated on approximately 0.54 acres, the property features a commercial building offering approximately 2,536 square feet of usable space and is currently occupied by two active tenants paying $1,500 and $2,500 per month, generating combined gross rental income of $4,000 per month, or $48,000 annually. The property benefits from excellent exposure at a highly traveled intersection, with VDOT traffic estimates indicating approximately 11,500 vehicles pass this corner each day. Its strategic location places the property approximately 1.9 miles from the Hard Rock Hotel & Casino Bristol, 1.5 miles from Interstate 81, and just 1.1 miles from historic Downtown Bristol. Additional growth potential may be available through the acquisition of approximately 0.35 acres of adjoining property located along Euclid Avenue, which is available for separate negotiation. If acquired, the combined site could offer approximately 0.89 acres and create additional possibilities for expansion, parking, redevelopment, or future commercial use, subject to applicable zoning and approvals. This offering presents investors with a compelling combination of immediate rental income, established occupancy, high daily traffic exposure, regional accessibility, and long-term strategic potential in the growing Bristol market. Continue operating as an income-producing investment or explore future opportunities to reposition and expand the site. IT IS THE SOLE RESPONSIBILITY OF BUYER AND BUYER AGENT TO VERIFY ALL INFORMATION CONTAINED HEREIN

Restrictions:Other37: true

Restrictions:See Remarks34: true

Road Access:City Street: true

Roof:Composition: true

Sale Includes:See Remarks35: true

Sewer:Public Sewer: true

Utilities:Electricity Connected: true

Utilities:Water Connected: true

Water:Public: true