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Flex Space with Storefront
For Lease
$2,400,000

250 Commonwealth Ave., Bristol, VA 24201

Commercial Lease, Bristol, VA

Space SizeContact for details
Lot Size2.07 Acres
Days on Market481

Property Features for 250 Commonwealth Ave.

General Information

Property type Commercial Lease
Property subtype Other
Zoning commer./indust.
Subdivision Not In Subdivision
Directions I81 Exit 3. Commonwealth Avenue toward downtown Bristol. On the right beside of Strongwell.
Standard status Active
APN 26 1 1 16 ; 26 11 15
Size 43,000 SF
Lot size 2.07 Acres

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Amenities

handicap accessibility
key coded perimeter door access
closed circuit security monitored

Building Details

Year built 1973
Building materials Aluminum Siding, Concrete, Stone
Roof type Composition, Rubber
Listing Agency: Hurd Realty, LLC
Listed By: Denise Myers · License #358632
Added: May 20, 2025 Changed: Sep 8 Last Checked: Sep 12 at 7:06PM
MLS# 9980501

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 43,000-square-foot flex property combines customer-facing storefront space with facilities suited to athletic, industrial, warehouse, storage, and light manufacturing uses. The building includes 18- to 26-foot ceiling heights, five roll-up dock doors, a newer roof, Modine gas heaters, fire sprinklers, a fire alarm, and coded perimeter entry with monitored closed-circuit security. Existing improvements include a 36,000-square-foot baseball and softball training facility with two regulation-size fields, more than eight batting cages, a basketball and volleyball court, restrooms, and a team meeting room. A separate 11,000-square-foot USA Ninja Challenge franchise space is also present.

The property occupies 2.07 acres at 250 Commonwealth Ave. in Bristol, Virginia, near downtown Bristol and approximately one mile from HardRock Casino Bristol. Access to I-81 and I-26 supports regional movement for customers, employees, receiving, and distribution. Public water and public sewer serve the site, with additional unfinished expansion space available within the building.

Key Highlights

  • 43,000‑square‑foot flex property on 2.07 acres
  • 18- to 26‑foot ceiling heights with five roll‑up dock doors
  • 36,000‑square‑foot athletic training facility with two regulation‑size fields

Property Analytics

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Current Use

USA Ninja Challenge Gym & Fitness Center

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Storage Facility Garden Center Real Estate Agency Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

26 ft
Clear height
5
Dock-high doors
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,268
Businesses Nearby
Balanced
Demand for This Use

Demographics for 24201, VA

16,267
Population
8,138
Households
2
Avg Household Size
43
Median Age
24%
College-Educated
89%
High-School Grad
10.1 sq mi
ZIP Area
1,611
Density / Sq Mi
$43,591
Median Household Income
$38,820
Median Earnings
$763
Median Rent
$160,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Similar Off Market Nearby

  • Delta Blues BBQ 724 State St, Bristol, TN 37620
  • Bank Street Bristol 14 Bank St, Bristol, TN 37620
  • Bristol Gardens and Grill 285 Vance St, Bristol, VA 24201
  • Gingerbread Cooking and Catering 1609 Euclid Avenue, Bristol, VA 24201

Frequently Asked Questions

What type of property is this?
Flex space - Versatile commercial and industrial property with storefront access, substantial ceiling clearance, and connectivity to I-81 and I-26.
Where is this flex space located?
The property is located at 250 Commonwealth Ave. Bristol, VA.
What is the lease rate?
The lease rate is $2,400,000.
What are key features of this property?
This property features: 43,000‑square‑foot flex property on 2.07 acres; 18- to 26‑foot ceiling heights with five roll‑up dock doors; 36,000‑square‑foot athletic training facility with two regulation‑size fields
More about this property
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