Retail Space at Signalized
New
For Sale
$1,895,000
245 Gate City Highway, Bristol, VA 24201
Commercial Sale, Bristol, VA
Property Size3,321 SF
Lot Size0.42 Acres
Price / SF$570.61
Days on Market5
Property Features for 245 Gate City Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B3
Directions
From downtown Bristol, Head north on Commonwealth Ave toward Volunteer Pkwy. Use the left 2 lanes to turn left onto Euclid Ave. Slight right onto US-421 N.
Subdivision
101 - Bristol VA (City)
Standard status
Active
APN
33 2 1 4a
Size
3,321 SF
Lot size
0.42 Acres
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public
Amenities
solar panels
3-phase power
LED lighting
HVAC
surveillance
access controls
Building Details
Year built
2001
Building materials
Block
Roof type
Rubber
Listing Agency:
The Addington Agency Bristol
(423) 845-5800
Listed By:
Garrett Addington · License #337697
(423) 646-1060
Added: Sep 21
Last Checked: Sep 25 at 11:06PM
MLS# 10001180
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 3,321-square-foot retail property was constructed in 2001 and features block construction, a rubber roof, heat-pump heating and cooling, LED lighting, and two newer HVAC units. The building includes 3-phase power, 12 solar panels, a 6-inch drain line, surveillance equipment, access controls, and separate electricity and water shutoffs. Additional equipment includes coin exchangers, credit card swipers, and vending machines.
The property occupies approximately 0.42 acres on Gate City Highway in Bristol, with over 140 feet of road frontage and an ADTC of 9,200+. It is positioned at a signalized intersection across from Hard Rock Casino and offers 25+ parking spaces. Public water and public sewer serve the site, which is zoned B3. The property also includes equipment and operating features associated with 24-hour use, along with potential for additional commercial services described in the listing information.
The property occupies approximately 0.42 acres on Gate City Highway in Bristol, with over 140 feet of road frontage and an ADTC of 9,200+. It is positioned at a signalized intersection across from Hard Rock Casino and offers 25+ parking spaces. Public water and public sewer serve the site, which is zoned B3. The property also includes equipment and operating features associated with 24-hour use, along with potential for additional commercial services described in the listing information.
Key Highlights
- 3,321 SF retail building constructed in 2001
- Over 140' of road frontage on Gate City Hwy
- ADTC of 9,200+ at a signalized intersection
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
839
Businesses Nearby
169k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 22%
Groceries 21%
Apparel 3%
Kroger
Groceries
30,991 visits/mo
0.2 miles
McDonald's
Dining
25,465 visits/mo
0.1 miles
KFC
Dining
16,160 visits/mo
0.1 miles
Dollar Tree
Shops & Services
15,137 visits/mo
0.4 miles
Wendy's
Dining
12,075 visits/mo
0.3 miles
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
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - B3-zoned commercial space with public utilities, dedicated parking, and established site improvements.
Where is this retail space located?
The property is located at 245 Gate City Highway Bristol, VA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: 3,321 SF retail building constructed in 2001; Over 140' of road frontage on Gate City Hwy; ADTC of 9,200+ at a signalized intersection
