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601 Commonwealth Avenue

Bristol, VA 24201
  • $598,000
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 85073
$598,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 23,470
    SQFT
  • $25
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Tremendous business opportunity to own 2,536 sq ft of commercial business space on one of Bristol, VA's busiest street corners. Situated on 0.539 acres with ample parking available this property offers a new owner a multitude of options to domicile a business or create additional rental cash flow. Located at the corner of Commonwealth Ave and Euclid Ave in Bristol it is a short 1.6mi to the new Hard Rock Bristol Casino. Space for 2 separate businesses. One side has 2 open offices, 1 bathroom, and a kitchenette (rented for $860/month when it was occupied). The other side has multiple offices, kitchen area, and lobby (current business would like to stay operating in the building and pays $1,700/month). Additional income is provided to the property owner from the billboards situated on the parcel.

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© 2023 Southwest Virginia Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Christy Wood Team | Solutions Real Estate. Data last updated: 2023-01-30T00:10:43.23.
www.christywood.com/homes/135472948
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601 Commonwealth Avenue Bristol, VA 24201

  • Price: $598,000
  • Status: Active
  • On Site: 44 Days
  • MLS #: 85073
0
Beds
0
Baths
0
½ Baths
N/A
Acres
23,470
SQFT
$25
$/SQFT
Neighborhood:
Bristol City - Va
County:
Washington-Va
Area:
Bristol City - Va
Property Description
Tremendous business opportunity to own 2,536 sq ft of commercial business space on one of Bristol, VA's busiest street corners. Situated on 0.539 acres with ample parking available this property offers a new owner a multitude of options to domicile a business or create additional rental cash flow. Located at the corner of Commonwealth Ave and Euclid Ave in Bristol it is a short 1.6mi to the new Hard Rock Bristol Casino. Space for 2 separate businesses. One side has 2 open offices, 1 bathroom, and a kitchenette (rented for $860/month when it was occupied). The other side has multiple offices, kitchen area, and lobby (current business would like to stay operating in the building and pays $1,700/month). Additional income is provided to the property owner from the billboards situated on the parcel.
Exterior Features

Building Exterior Metal SidingStuccoVinyl Siding Exterior Features Parking 10+ Spaces Roof CompositionMetal Style Building Free StandingStrip Center

Interior Features

Air Conditioning Other-See Remarks Floors CarpetTile Heating System Other-See Remarks Interior Features Other-See Remarks Office Sq Ft 2536

Property Features

Additional Structures No Building Age 1971 County Taxes 0.00 Current Use Professional/Office Equipment Leased N/A Gross Income 30720.00 Lease Rate 30720 Lot Number 26 429 1 2 3 Net Income 27627.68 Property Description Located in City Limits Property Type Multi Use Building Sewer Public Sewer Sprinkler System Other-See Remarks Tax Map Number 26 429 1 2 3 Tax Year 2022 Utilities Electricity ConnectedPhone Available Water Sewer Public Zoning Commercial

Listing information © 2023 Southwest Virginia Association of REALTORS®
Listing provided courtesy of Jim Griffin of Exp Realty: 8668257169.


© 2023 Southwest Virginia Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Christy Wood Team | Solutions Real Estate. Data last updated: 2023-01-30T00:10:43.23.
 
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