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601 Commonwealth Ave Bristol, VA $ 1,550,000
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$ 1,550,000 Get more info
601 Commonwealth Ave
$ 1,550,000
Back to search
Share Save

601 Commonwealth Ave

Bristol, VA, 24201
$ 1,550,000
Bedrooms-- Baths-- Sq 5,018

Monthly Estimate*

$ 9,544

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Commercial Property for sale in Bristol, VA

for $1,550,000. This 5,018 square foot building was built in 1971.

Tremendous Business Opportunity! SELLER IS WILLING TO OFFER THE CORNER COMMERCIAL PARCEL AND BUILDING APART FROM THE 2 ATTACHED PARCELS FOR THE PRICE OF $1,100,000. Don't miss out on this prime real estate opportunity at 601 Commonwealth Ave, strategically positioned at the high-traffic corner of Commonwealth Ave and Euclid Ave in the heart of Bristol TN/VA. This property offers 0.90 acres of prime land, presenting incredible development potential. The site consists of three parcels being sold together: Parcel(s) 26 429 1 2 3, 26 429 4, and 26 429 5. With thousands of vehicles passing by daily, this corner location provides unmatched visibility and access, ensuring a consistent flow of potential customers for your business. Just 1.9 miles from the newly opened Hard Rock Casino and only 1.0 mile from the historic State Street, this property sits at the heart of Bristol's growth and development. Bristol is booming, attracting new residents and businesses, making this an ideal location for entrepreneurs and investors looking to capitalize on the city's thriving economy. Whether you're looking to expand your current business or start something new, 601 Commonwealth Ave offers an excellent opportunity to be part of a dynamic and fast-growing community. Take advantage of this incredible location today! IT IS THE SOLE RESPONSIBILITY OF BUYER AND BUYER AGENT TO VERIFY ALL INFORMATION CONTAINED HEREIN

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Commercial Contingent

Price

$ 1,550,000

Property Type

Commercial

Taxes

$ 0

Style

Free Standing

Year Built

1971

Town/City

Bristol

County/Region

Bristol

MLS | Web ID

98816
Features
Interior
Interior Amenities Public Restrooms
Flooring Other
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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General
Sewer Public Sewer
Heating Natural Gas Heat Pump
Cooling Central Air Heat Pump
Utilities Electricity Connected
Possession Close Of Escrow
Roof Composition Metal
Zoning Commercial
Security Features Security System Prewired Security Lights
Construction Materials Metal Siding Stucco
Year Built 1971
Property Subtype Commercial
Tax Year 2024
Current Use Professional/Office Other
Gross Income 30720
County City of Bristol - Out of County
Net Operating Income 27627.68
New Construction N
Property Type Commercial Sale
HOA N
Attached Garage N
Contingency Inspection
Garage Y/N N
Status Active Contingency
Directions 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 lef
City Bristol
MLS Area Bristol City - VA
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 0
Showing Instructions Appointment Only 24 Hour Notice
Home Warranty Y/N N
Additional Parcels Y/N N
Virtual Tour tour.usamls.net/601-Commonwealth-Ave-Bristol-VA-24201/unbranded
Structure Type Free Standing
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active Under Contract
Tax Lot 1-3
Freehold IDX BBO
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Exterior
Parking Features Parking 10+ Spaces
Lot Features City Lot
Water Source Public
Total Parking 10
Spa N
Building Area Total 5018
Waterfront Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Lpt Realty Llc

Broker

jim@griffinhomegroup.com

Email

Affordability Calculator

$9,544
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,544
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1875416 Elementary School
1875515 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/16/2025$1,550,000 -8.82% Price Down
3/3/2025$1,700,000 Listed Price

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601 Commonwealth Ave, Bristol, VA, 24201 is a Commercial Property for sale at $1,550,000 with 5,018 sqft. 601 Commonwealth Ave was built in 1971. The property's zip code is 24201 which is in Bristol, VA

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