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705 State ST Bristol, VA 24201
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Key Details
Sold Price $615,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $123
MLS Listing ID 9909220
Sold Date 03/31/21
Total Fin. Sqft 5000
Originating Board Tennessee/Virginia Regional MLS
Year Built 1881
Lot Dimensions 25x100
Property Description
View virtual tour link for video, floor plans, 3D tour and more. Here is an amazing opportunity to own a premium building on State Street in the heart of downtown Bristol. This brick building has been updated and is very well maintained. The building consists of 3 floors and offers both immediate use and future potential. The main level offers 2500 sq ft of retail space fronting on State Street and strategically located immediately adjacent to public parking. The tastefully designed space currently serves as a boutique clothing store but could serve many businesses with its open design and soaring ceilings. The window display area is perfect to showcase items to the bustling foot traffic on State Street. The retail space offers a stock room storage area as well as a full kitchen, full bath, and office areas on the mezzanine level. The 3rd level of the building boasts a massive modern penthouse loft. This 2500 sq ft loft offers the best in downtown living with exposed brick, beams, and gorgeous modern design overlooking State Street. The huge kitchen is a rare find in loft living with tremendous storage and custom cabinetry. The well-appointed master suite offers a huge walk-in closet, sauna, and large bath with a tile shower. The loft has been fitted with a spiral staircase for access to a future rooftop deck. The 2nd level of the building has been gutted down to the studs and is ready for buildout. This 2500 sq ft space could serve as additional loft spaces, offices, and more. The building does have a freight elevator (currently not functional). There are 4 dedicated parking spaces at the rear of the building and separate private access for both the retail and loft spaces. Downtown Bristol is growing by leaps and bounds and this is a terrific investment opportunity with both immediate and future use. Take a look at this special property today. Buyer/Buyer's agent to verify all information.
Location
State VA
County None
Zoning Commercial
Direction Take Commonwealth Ave to Left on State Street Property on Left.
Interior
Heating Forced Air
Cooling Heat Pump
Equipment Dishwasher, Freight Elevator, Range, Refrigerator
Heat Source Forced Air
Exterior
Roof Type Rubber
Road Frontage City Street
Building
Sewer Private Sewer
Water Public
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 37 1 L 2
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Kathleen Brown • Highlands Realty, Inc. Abingdon