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529 State St
Bristol, VA 24201
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- High Visibility, Downtown Bristol, Multi-Use
EXECUTIVE SUMMARY
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 $699k. 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.
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 $699k. 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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,100 SF
Building Class
C
Year Built
1891
Price
$699,900
Price Per SF
$137.24
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
11’
Building FAR
2.34
Lot Size
0.05 AC
Zoning
Historical
Parking
3 Spaces (0.61 Spaces per 1,000 SF Leased)
Frontage
22’ on State St
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 37-5-26A | Improvements Assessment | $564,000 |
| Land Assessment | $37,900 | Total Assessment | $601,900 |
PROPERTY TAXES
Parcel Number
37-5-26A
Land Assessment
$37,900
Improvements Assessment
$564,000
Total Assessment
$601,900
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