For more information regarding the value of a property, please contact us for a free consultation.
220 & 244 Gate City HWY Bristol, VA 24201
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $400,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,906 sqft
Price per Sqft $137
Subdivision Not In Subdivision
MLS Listing ID 9945127
Sold Date 01/02/24
HOA Y/N No
Total Fin. Sqft 2906
Originating Board Tennessee/Virginia Regional MLS
Year Built 1954
Lot Size 0.510 Acres
Acres 0.51
Lot Dimensions 233 x 84 x 462 x 86
Property Description
INVESTORS!! Opportunity to own 1/2 acre that is the next traffic light up from the entrance to the new BRISTOL CASINO (Future HARDROCK CASINO)! This could be your last chance to buy property in this area where you can see the entrance from YOUR property.
This property has been family owned for over 40 years. The property has an updated address by the state of Virginia and is 2 parcels. The former addresses were 118 and 120 Gate City Highway.
The property is a corner lot, with 2 entrances, over 319 feet of total Road Frontage, 233 of which is on the SAME STREET AS the CASINO! Both parcels are asphalted. There are 2 existing buildings that have operated a garage and car lot among other businesses in the past. You may choose to rehab them, or remove and build a new structure (s). Both buildings have single phase, 200 amp service with 220 present from previous use.
On parcel 33 1 3A the brick facility has 2 roll up garage doors, a concrete floor, on interior restroom and one exterior restroom, and a front office with full length glass windows. There is a large drive under canopy.
On parcel 33 1 2A there is a steel post building with a roll up garage door, concrete floor, a single restroom, and storage. The property extends beyond the rear retaining wall.
There is wonderful access to the rear of the building 33 1 3A making a drive through an option for any business,-- restaurant, convenience/retail. One might consider operating a business at in one parcel and leasing the other to cover their investment cost/payment. The property is being sold AS IS WHERE IS.
Maybe you just want to secure your spot for future development. Do Not Wait!
All the information contained within this listing is deemed to be reliable, but not guaranteed. Buyer/Buyers agent must verify all information. Information provided has been taken from tax records.
Location
State VA
County Washington
Community Not In Subdivision
Area 0.51
Zoning B
Direction I81 to exit 1A. After pass main entrance to Bristol Casino, property is on the right less than 0.4 miles. From State Street Bristol cross Euclid Avenue. Property is situated across from Red Pepper Indian Cuisine on the corner of Gate City Highway and Midway Street, Bristol Virginia.
Interior
Heating See Remarks, Electric
Cooling Heat Pump, Window Unit(s), See Remarks
Equipment Additional Building(s), Delivery Doors, Display Window, Garage Bay(s)
Heat Source See Remarks
Exterior
Roof Type Composition,Tar/Gravel
Road Frontage City Street
Building
Sewer Public Sewer
Water Public
Structure Type Block,Brick
New Construction No
Others
Senior Community No
Tax ID 33 1 3a; 33 1 2a
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less
Bought with Denise Myers • Hurd Realty, LLC