Former Grand Home Furniture Store
Retail-Commercial
for Sale
| Catylist Listing ID: |
30653329 |
| Property Subtypes: |
Free-Standing Building, Mixed Use, Restaurant, Street Retail, Other
|
| Building Size (RSF): |
66,000 SF
|
| Gross Land Area: |
23,523 - 23,525 SF
|
| Sale Price: |
$699,000 |
| Unit Price: |
$10.59 PSF |
| Property Use Type: |
Business |
| Building Name: |
former Grand Furniture |
| Usable Size (USF): |
66,000 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/24/2020 |
Overview / Comments
|
The former Grand Home Furniture Store once housed Parks Belk in downtown Bristol, VA and is now the home of Grand Antiques. As fortunes have it, the two buildings which are joined together were built between 1881 and 1886. 611 State was the original home of Mitchell-Powers Hardware for many years. The buildings comprise one of the largest frontages along State Street, as well as being one of few buildings which are Four Stories. With all the changes coming to Bristol, Virginia this opportunity won't last long and will become a landmark for the future in downtown Bristol. Call today for more information.
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Additional Details
| Nearest MSA: |
Kingsport-Bristol |
| County: |
Bristol |
| Taxing Authority: |
City of Bristol, VA |
| Tax ID/APN: |
37-4-10-11 |
| Zoning: |
B-2 |
| Retail Clientele: |
General, Business, Other |
| Property Located Between: |
Moore Street and Piedmont Street |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
State Street |
| Highway Access: |
State Street is known by several State and Federal Route numbers |
| Airports: |
Tri Cities Regional Airport; Highlands Community Airport |
| Site Description: |
Frontage along State Street as well as rear access through Winston's Alley |
| Area Description: |
Growing and expanding downtown area of Bristol. During the early part of the Twentieth Century, Bristol was the Shopping Capital of East Tennessee and Southwest Virginia, people came from as far away as Knoxville, TN and Roanoke, Virginia and all counties in between to shop in the downtown. The continuous expansion of shops, restaurants, breweries, distilleries' and Country Music, continue to make downtown Bristol an area favorite in which to spend an evening. On the horizon, Bristol could be the next home of the Hard Rock Cafe! |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
2 |
| Number of Stories: |
4 |
| Typical SF / Floor: |
9,500 SF |
| Property Condition: |
Fair |
| Year Built: |
1881 |
| Roof Type: |
Flat |
| Construction/Siding: |
Block, Brick, Concrete, Steel Frame, Wood Frame, Other |
| Exterior Description: |
Brick covers the majority of the buildings. |
| Total Parking Spaces: |
8 |
| Parking Type: |
Surface |
| Parking Description: |
Four public spaces on State Street, and 4 spaces on Winston's Alley |
| Passenger Elevators: |
1 |
| Freight Elevators: |
2 |
| Sprinklers: |
Wet |
| Heat Type: |
Electricity, Natural Gas |
| Heat Source: |
Ceiling Units, Heat Pump |
| Air Conditioning: |
Package Unit |
| Internet Access: |
Cable, DSL, Fiber Optic |
| Interior Description: |
The building has not been renovated since sometime in the 1980's and is in need of some repairs. Roofs have been stabilized in most areas and are holding out water. |
| Zoning Description: |
B-2, General Business which also includes a residential living component. |
| Lot Frontage: |
108' |
| Lot Depth: |
240' |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Utilities |
| Land Ownership: |
Fee Simple |
| Legal Description: |
Available Upon Request |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,753 |
37,931 |
55,300 |
| Median Age: |
39.11 |
40.96 |
42.13 |
| Households: |
3,560 |
16,481 |
23,741 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Northeast Tennessee Association of REALTORS® nor
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