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    601 Commonwealth Avenue Ext Bristol, VA 24201

    New
    Pending
    For Sale
    $1,550,000

    COMMERCIAL - Bristol, VA

    Property size:
    5,018 SF
    Lot size:
    0.90 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 14 at 5:06 am

    Property Features for 601 Commonwealth Avenue Ext

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    Commercial/Ind.
    APN
    Parcel Id/Tax Id 26 429 1 2 3 And Parcel Id/Tax Id
    Size
    5,018 SF
    Lot size
    0.90 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1971
    Building materials
    Metal Siding, Stucco, Vinyl Siding
    Roof type
    Composition

    GRIFFIN HOME GROUP (423) 482-0743 [email protected]

    Listing agent Jim Griffin (423) 482-0743 License #310406

    Listing date Dec 12, 2025

    Copyright © 2025 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.

    Overview

    Prime Commercial Land Opportunity

    This commercial property, located at the high-traffic corner of Commonwealth Ave and Euclid Ave in Bristol, VA, presents a business opportunity with development potential. The site offers 0.90 acres of land. The property consists of three parcels being sold together. With thousands of vehicles passing by daily, the corner location provides visibility and access. The property is located 1.9 miles from the Hard Rock Casino and 1.0 mile from State Street. The property includes a building with 5,018 square feet. The seller is willing to offer the corner commercial parcel and building apart from the 2 attached parcels.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Washington
    State
    Virginia
    Longitude
    -82.19183
    Latitude
    36.603165

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    FAQs

    What type of property is this?
    Commercial land - High-traffic corner lot with development potential near Hard Rock Casino.
    Where is this commercial land located?
    The property is located at 601 Commonwealth Avenue Ext Bristol, VA.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: - High-traffic corner location at Commonwealth Ave and Euclid Ave, offering unmatched visibility.; - 0.90 acres of prime land with incredible development potential.; - Strategic location: 1.9 miles from Hard Rock Casino and 1.0 mile from historic State Street.
    (423) 482-0743
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    Bristol, VA 24201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    601 Commonwealth Avenue Ext Bristol, VA 24201
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