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529 State Street, Bristol, VA 24201 - $795,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Commercial Lease Sub Type: MLS Number: 9975863
Living Area: 3,976 Lot Acreage: 0 Year Built: 1911
Elementary School: Middle School: High School:
Property Description
Looking for a property in downtown Bristol?! Don't miss this one! Showcasing tons of character, and charm- this building is full of history that shows in every detail! Offering 2 units, one commercial and one residential loft, this income producing property is a unique opportunity for someone to enjoy passive income or reap some personal benefit by having a downtown retreat! Strategically positioned in the heart of Bristol, this property is within walking distance to everything on State St while also offering PRIVATE PARKING which is a rare and valuable perk that comes in handy during the busy season of downtown events! Upstairs, the fully renovated loft apartment seamlessly blends modern luxury with historic charm. Featuring a private entrance and secluded veranda, this thoughtfully designed space offers both comfort and exclusivity. The master suite boasts a walk-in closet and an oversized steam shower, creating a spa-like retreat. A second full bathroom and in-unit laundry hookup add to its practicality. The open-concept kitchen is a chef's dream, outfitted with high-end Jenn-Air appliances, a gas range, and granite countertops that flow effortlessly into the spacious living area. A spiral staircase leads to a mezzanine with two versatile bonus rooms, ideal for a home office, guest quarters, or additional living space. Every detail of the loft reflects its rich history while embracing modern upgrades. Hardwood floors, a fireplace, exposed rafters, and tongue-and-groove ceilings create a warm, inviting ambiance, while a skylight bathes the space in natural light. Adding to its charm, facade windows overlook State Street, and intricate woodworking and exposed brick throughout give the loft an unmistakable character that sets it apart. The ground-floor commercial unit adds immediate value, currently leased to a long-term tenant operating a hair salon. The space maintains its original charm with hardwood floors, exposed brick, and a picturesque storefront design, fe aturing curved windows, glass panels, and a neon light sign. This prime location ensures excellent visibility and foot traffic, making it ideal for continued commercial use. Situated in our vibrant downtown district, this property could also be used for short term rentals that allow you to maximize revenue during major events like Rhythm & Roots, Races at Bristol Motor Speedway, and numerous events that will be hosted at the newly built HardRock Casino! Known as "The Jewel Box," this building dates back to the late 1800s or early 1900s, carrying a rich history and offering a rare opportunity to own a piece of Bristol's history. 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! Properties of this caliber, in this location, with tenants already in place, rarely come available for sale and will not last long priced to sell at $795k. Call today to schedule your appointment! All information contained herein is deemed reliable but gathered from third party sources and is subject to buyers, or buyer's agents verification.
Listing Status
Active
  • More Listing Info
    AC:Heat Pump3true
    Business Type:BarberBeautytrue
    Business Type:Residential2true
    Business Type:Retail2true
    Business Type:See Remarks33true
    Contract Info:ForeclosureNo
    Development Status:Infrastructure Intrue
    Electric Service:See Remarks36true
    Exterior Finish:Brick4true
    Exterior Finish:Other16true
    General Property Description:# Restrooms2
    General Property Description:Acres0.06
    General Property Description:Annual Lease1.0
    General Property Description:HOA YNNo
    General Property Description:LeaseYes
    General Property Description:Lot Size2124X20
    General Property Description:Total SqFt Finished3976.0
    General Property Description:Total SqFt Unfinished0.0
    General Property Description:Zoning2Historic
    Heating:Heat Pump2true
    Info Available:Floor Plantrue
    Info Available:Plattrue
    Location Tax Legal Info:City Taxes1938.72
    Location Tax Legal Info:County Taxes0.0
    Other Equipment:Dishwasher2true
    Other Equipment:Display Windowtrue
    Other Equipment:Range2true
    Other Equipment:Refrigerator2true
    Property Condition:Above Averagetrue
    Remarks Misc:Directions3Downtown Bristol. GPS Friendly. From Volunteer Pkwy, Turn right onto Melrose St. Turn left onto Southside Ave/6th St. Turn right onto State St.
    Remarks Misc:Public Remarks2Looking for a property in downtown Bristol?! Don't miss this one! Showcasing tons of character, and charm- this building is full of history that shows in every detail! Offering 2 units, one commercial and one residential loft, this income producing property is a unique opportunity for someone to enjoy passive income or reap some personal benefit by having a downtown retreat! Strategically positioned in the heart of Bristol, this property is within walking distance to everything on State St while also offering PRIVATE PARKING which is a rare and valuable perk that comes in handy during the busy season of downtown events! Upstairs, the fully renovated loft apartment seamlessly blends modern luxury with historic charm. Featuring a private entrance and secluded veranda, this thoughtfully designed space offers both comfort and exclusivity. The master suite boasts a walk-in closet and an oversized steam shower, creating a spa-like retreat. A second full bathroom and in-unit laundry hookup add to its practicality. The open-concept kitchen is a chef's dream, outfitted with high-end Jenn-Air appliances, a gas range, and granite countertops that flow effortlessly into the spacious living area. A spiral staircase leads to a mezzanine with two versatile bonus rooms, ideal for a home office, guest quarters, or additional living space. Every detail of the loft reflects its rich history while embracing modern upgrades. Hardwood floors, a fireplace, exposed rafters, and tongue-and-groove ceilings create a warm, inviting ambiance, while a skylight bathes the space in natural light. Adding to its charm, facade windows overlook State Street, and intricate woodworking and exposed brick throughout give the loft an unmistakable character that sets it apart. The ground-floor commercial unit adds immediate value, currently leased to a long-term tenant operating a hair salon. The space maintains its original charm with hardwood floors, exposed brick, and a picturesque storefront design, fe
    Restrictions:See Remarks34true
    Road Access:City Streettrue
    Road Access:See Remarks32true
    Roof:Rubbertrue
    Sale Includes:Fee Simpletrue
    Sewer:Public Sewertrue
    Utilities:See Remarks30true
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
The Addington Agency Bristol
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