519/521 State Street

Special Purpose for Sale
Catylist Listing ID: 30400851
Property Subtypes: Assembly/Meeting Place, Sports/Entertainment, Other
Building Size (RSF): 22,576 SF
Gross Building Area: 6,000 SF
Gross Land Area: 0.19 Acres
Sale Price: $699,000
Property Use Type: Business
Usable Size (USF): 22,576 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/21/2019

Overview / Comments

Based in the Heart of downtown Bristol, this Historic 3 story building has had a great number of successes over the years and is now ready to move forward with another project as this building, which was built in 1886 is now available For Sale.
The open areas of the building lend itself to all types of development, from Retail to Restaurant and the upper floors to become LOFTS! Check out the brochure and then give us call for a confidential showing and tour. Depending upon your project, there might even be development grants and economic incentives from the Commonwealth of Virginia. Also, this property has 8, yes Eight parking spaces.

Attachments & Media

Additional Details

Nearest MSA: Kingsport-Bristol
County: Bristol
Taxing Authority: City of Bristol, VA
Tax ID/APN: 37 5 23
Zoning: B-2
Property Located Between: Lee and Moore Street on State Street
Property Visibility: Excellent
Largest Nearby Street: Moore St
Highway Access: State Street in downtown Bristol has several Hwy routes running along the length of State Street; Hwy 421, Hwy 58
Airports: Tri Cities Regional Airport, Highlands Community Airport
Site Description: Level lot which as access from State Street, as well as behind the building (parking for 8 vehicles.
Area Description: Downtown Bristol, TN/VA, Home to the Paramount, Rhythm and Roots, Microbreweries, Distillery, restaurants, and other entertainment venues.
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 5,000 SF
Property Condition: Good
Year Built: 1886
Year Renovated: 2006
Roof Type: Flat
Construction/Siding: Brick, Concrete, Steel Frame
Parking Description: Eight parking spaces on the property
Sprinklers: Wet
Heat Type: Electricity, Natural Gas
Heat Source: Heat Pump
Air Conditioning: Package Unit
Internet Access: Cable, DSL, Gigabit, Fiber Optic
Zoning Description: B-2
In Flood Plain?: Yes
Lot Frontage: 42'
Lot Depth: 240'
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines
Land Ownership: Fee Simple
Legal Description: Upon request

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,725 37,931 55,300
Median Age: 37.52 40.96 42.13
Households: 5,057 16,481 23,741


Photograph of Listing Agent

Richard S. Armstrong, III

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