Property Description

Listing Status

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  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
  Videos:	(none)
  Virtual Tours:	(none)

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