$215,000
↓ $24K (10%)
●
Commercial -
For Sale
407 Commonwealth Avenue
Bristol, VA 24201
Studio
0 Bath
4000 Sqft
$1,130
Estimated Monthly
$0
HOA / Fees
3.19%
Cap Rate
About This Property
Large Square Footage building right on Commonwealth avenue with
great visibility. Over 60 feet of road frontage. This property
would make a perfect home base for any contractor that wanted a
work shop attached with storage throughout and possibly a showroom
up front that could be made for customers to browse product. It
could easily be used for retail spaces in the front for lease and a
work shop in the back to lease out. Great Investment opportunity
with 3 good size sections to lease out. This property lends a
lot of storage space and plenty of options. The metal roof
was installed within the last 10 years to the owner knowledge.
The back workshop has had some upgrades (electrical) in the
past few years. Concrete flooring throughout with block walls
and wood partition walls. There is a lot of potential to open
the interior walls further and make a large open section in the
main area in the front of the building. There is public
parking in the front of the building for customers and private
parking in the back with the workshop. There is an industrial
sized gas wall heater currently affixed to one of the sections.
Owner does not know if it is operational. It has not
been used since the owner purchased. The property was being used
for storage.
The manager has listed the unit size as 4000 square feet.
The manager has listed the unit size as 4000 square feet.
Unit Size
4,000Ft²
Days on Market
410 days
Land Size
0.30 acres
Price per sqft
$54
Property Type
Commercial
Property Taxes
$74
HOA Dues
-
Year Built
-
Listed By
Last updated: 2 months ago (TVARMLS #9949672)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 21, 2024 | Price Decreased |
$215,000
↓ $24K
(10%)
|
|
Price Decreased | |||
Dec 28, 2023 | Relisted | $239,000 | |
Relisted | |||
Dec 27, 2023 | No longer available | - | |
No longer available | |||
Dec 5, 2023 | Relisted | $239,000 | |
Relisted | |||
Jul 18, 2023 | No longer available | - | |
No longer available |
Show More
Property Highlights
Air Conditioning
Exterior Details
Exterior Information
Block
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
House
3
Beds
1.5
Baths
1,875 ft²
$107/ft²
$199,900
Aug 21, 2023
-
$109/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/28/2020
|
|
Loft
|
-
|
4000 ft²
|
$149,000
Loft
-
4000 ft²
|
-
-
|
-
|
-
|
Building Info
407 Commonwealth Avenue
407 Commonwealth Avenue, Bristol, VA 24201
- 1 Unit for Sale