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601 Commonwealth Ave 5 018 pi² Commerce de détail Immeuble Bristol, VA 24201 1 771 013 $ CAD (352,93 $ CAD/pi²)



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Résumé de l'annonce
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
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
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Commerce de détail
Taille du bâtiment
5 018 pi²
Classe d’immeuble
C
Année de construction
1971
Prix
1 771 013 $ CAD
Prix par pi²
352,93 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,13
Taille du lot
0,90 AC
Zonage
Commercial - Commercial
Assez accessible à pied
50/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun limités
30/100
Plutôt accessible en vélo
50/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 26-429-1-2-3 | Évaluation des bâtiments | 192 154 $ CAD |
| Évaluation du terrain | 233 341 $ CAD | Évaluation totale | 425 495 $ CAD |
Impôts fonciers
Numéro de lot
26-429-1-2-3
Évaluation du terrain
233 341 $ CAD
Évaluation des bâtiments
192 154 $ CAD
Évaluation totale
425 495 $ CAD
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601 Commonwealth Ave
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