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531 State Street, Bristol, VA 24201 - $349,900

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Blue Ridge Properties Listing

531 State Street, Bristol, VA 24201 (MLS #9983610)

Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Commercial Sale

Sub Type:

MLS Number: 9983610

Lot Acreage: 0.00000

Living Area: 3,981

Year Built:1891

Elementary School:

Middle School:

High School:

Public Remarks: 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.

Listing Courtesy:The Addington Agency Bristol

More Listing Info:

AC:Heat Pump3: true

Business Type:ProfessionalOffice: true

Business Type:Residential2: true

Business Type:Retail2: true

Business Type:Shopping: true

Contract Info:Foreclosure: No

Development Status:Infrastructure In: true

Easements:See Remarks18: true

Electric Service:See Remarks36: true

Exterior Finish:Brick4: true

Exterior Finish:Other16: true

Exterior Finish:See Remarks3: true

General Property Description:# Parking Spaces: 0.0

General Property Description:# Restrooms: 1

General Property Description:Acres: 0.0

General Property Description:Annual Lease: 0.0

General Property Description:HOA YN: No

General Property Description:Lease: No

General Property Description:Lot Size2: 22X91

General Property Description:Stories3: 2.0

General Property Description:Total SqFt Finished: 3981.0

General Property Description:Total SqFt Unfinished: 0.0

General Property Description:Zoning2: Commercial

Heating:Heat Pump2: true

Info Available:Aerial: true

Info Available:Leases2: true

Info Available:Survey2: true

Location Tax Legal Info:City Taxes: 994.56

Location Tax Legal Info:County Taxes: 0.0

Other Equipment:Display Window: true

Property Condition:Average: true

Remarks Misc:Directions3: Downtown 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 Remarks7: 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

Restrictions:See Remarks34: true

Road Access:City Street: true

Roof:Metal3: true

Sale Includes:Fee Simple: true

Sewer:Public Sewer: true

Utilities:See Remarks30: true

Water:Public: true