531 State Street Bristol, VA $ 349,900
531 State Street
$ 349,900
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531 State Street

Bristol, VA, 24201
$ 349,900
Bedrooms-- Baths-- Sq 3,981

Monthly Estimate*

$ 2,183

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Commercial Property for sale in Bristol, VA

for $349,900. This 3,981 square foot building was built in 1891.

Looking for a property on State St in downtown Bristol?! Don't miss this one! Located in the heart of Bristol's vibrant downtown district, this iconic two-story brick building offers a rare opportunity to own a historic income-producing property on State Street. Constructed circa 1890 and known for nearly a century as Ryland Jewelry, the building blends timeless character with investment potential in one of the most walkable areas of downtown. Offering the potential for two units, the main level features a commercial storefront anchored by a long-standing tenant- providing immediate passive income. The upper level is a blank canvas, stripped to exposed brick walls and ready for a custom build-out. Whether you're envisioning a residential loft, office space, expanded commercial use, or downtown storage, the possibilities are wide open. Showcasing original architectural details including soaring 15' ceilings, a pressed metal ceiling on the first floor, exposed brick, and wood floors and original staircase upstairs, this building is full of historic charm. The storefront was updated around 1980, and the upper façade retains mid-century paneling that could be removed to restore its original windows and elevation. Zoned for commercial use and eligible for Historic Tax Credits and potential grant funding, this property is ideal for investors, business owners, or creatives looking to establish a unique footprint in the heart of downtown. Short-term rentals are also permitted, making it a prime candidate for revenue generation during major events such as Rhythm & Roots, Bristol Motor Speedway races, and happenings at the new Hard Rock Casino. Whether you're an investor looking for a passive income, a business owner looking for an enviable location, or a traveler looking for a place to call home while visiting the area- you will not want to miss this one! Offered at $350k, this is a rare opportunity to acquire a piece of Bristol's history with excellent visibility, high foo t traffic, and endless amounts of potential. No on-site parking included, but nearby spaces may be rented. Flood insurance is required. Showings require 24-hour notice or must occur before/after tenant's business hours. Owner/Agent. All information contained herein is deemed reliable but gathered from third party sources and is subject to buyers, or buyer's agents verification.

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Commercial Active

Price

$ 349,900

Property Type

Commercial

Taxes

$ 994

Style

Year Built

1891

Town/City

Bristol

County/Region

Bristol

MLS | Web ID

9983610

Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Heat Pump
Utilities See Remarks
Roof Metal
Development Status Infrastructure In
Zoning Commercial
Construction Materials Brick Other See Remarks
Year Built 1891
Electric See Remarks
Business Type Professional/Office Residential Retail Shopping
County Bristol City
New Construction N
Property Type Commercial Sale
HOA N
Garage Y/N N
Status Active
Directions Downtown Bristol. GPS Friendly. From Volunteer Pkwy Turn right onto Melrose St. Turn left onto Southside Ave/6th St. Turn right onto State St.
City Bristol
MLS Area 101 - Bristol VA (City)
Lot Size Square Feet 0.0
Carport Y/N N
Land Lease Y/N N
Property Condition Average
Lease Renewal Y/N N
MLS Area Minor 101 - Bristol VA (City)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://unbranded.youriguide.com/531_state_st_bristol_va/
Standard Status Active
Conventional True
Cash True
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Exterior
Water Source Public
Total Parking 0.0
Lot Size Area 0.0
Spa N
Building Area Total 3981.0
Lot Dimensions 22X91
Lot Size Acres 0.0
Road Frontage Type City Street
Other Equipment Display Window
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Internal Only
Street Number 1 531
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* Excluded Features
List By
Garrett Addington

Listing Agent

The Addington Agency Bristol

Broker

Garrett@TheAddingtonAgency.com

Email

Affordability Calculator

$2,266
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,183
Monthly Property Taxes
$83
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
857276 Elementary School
857482 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/25/2025$349,900 Listed Price

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531 State Street, Bristol, VA, 24201 is a Commercial Property for sale at $349,900 with 3,981 sqft. 531 State Street was built in 1891. The property's zip code is 24201 which is in Bristol, VA