Former Bank Building

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 29834835
Property Subtypes: Executive Suites, Governmental, Institutional, Medical, Mixed Use, Office Building, Other
Status: Pending/Contingent
Building Size (RSF): 3,300 SF
Gross Land Area: 0.34 Acres
Sale Price: $475,000
Unit Price: $143.94 PSF
Property Use Type: Business
Building Name: former First Bank & Trust Bank
Class of Space: Class A
Usable Size (USF): 3,300 SF
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 8/15/2019

Overview / Comments

One of the best business opportunities available is here, located at the end of Old Abingdon Highway near the corner of Lee Highway and the Exit 5, I-81 entrance ramp in Bristol. This colonial style brick building, is located nearly on Lee Highway and well within the site line and clearly visible from the traffic on Lee Highway near the new home of Cabella's. In fact this building is on the other side of the intersection and is in the parking lot of Black Wolf Harley Davidson, and the strip center which is located on the same parking lot. The building has 5 private offices, several work areas, breakroom, conference room, men's & ladies restrooms, storage and maintenance rooms in addition to a drop box, and safe. The Owner is also interested in Leasing, and will Lease for $ 3,500.00/month, and possible Lease/Purchase.For a private and confidential showing call today.

Attachments & Media

Additional Details

Nearest MSA: Kingsport-Bristol
County: Bristol
Taxing Authority: City of Bristol, Virginia
Tax ID/APN: 264 A 18
Zoning: B-2
Market Type: Small
Property Located Between: Lee Highway and Old Abingdon Highway
Side of Street: South
Road Type: Highway, Highway Interchange
Transportation: Bus, Highway
Highway Access: Old Abingdon Hwy meets Lee Highway in less than 100 feet of the building, and the signalized intersection is provided for access to I-81.
Airports: TRI - Tri Cities Regional Airport
Site Description: Level lot site, located at the corner of the parking lot of the Black Wolf Harley Davidson property at Exit 5, Bristol, Virginia.
Area Description: The immediate area is improving and will soon witness the opening of several new stores at "The Falls" to accompany: Lowe's, Cabela's, Hobby Lobby, and a current strip center with several stores including Buffalo Wild Wing.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,300 SF
Year Built: 1989
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Colonial Style brick building with high level of trim and exterior finish.
Parking Type: Surface
Parking Description: 20 spaces available on site with a potential for more surrounding the property.
Total Parking Spaces: 20
Sprinklers: None
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Engineered System
Internet Access: Cable, DSL, Gigabit, Fiber Optic
Interior Description: Former bank production office with good quality finish, and some polished brick floors. All colors are neutral.
Zoning Description: B-2
Lot Frontage: 200'
Lot Depth: 150'
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Easements Description: Right of way, and side walks
Land Ownership: Fee Simple
Legal Description: Available upon request

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,625 28,336 53,240
Median Age: 42.54 40.65 41.99
Households: 2,062 12,278 22,832


Photograph of Listing Agent

Richard S. Armstrong, III

TCI Group - Lowry & Foster, Inc. NETAR CMLS Member
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